414 3RD Avenue S, Grand Forks, ND 58201
Multi Family4 bed3 bath$214,900

Investment opportunity alert! This triplex is a solid choice with a great rental history and all the essential updates already ... Read More

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Contact Listing Agent: Kym Enlow

Mobile: 701-330-6416
Office: 701-772-8106

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General Information

Status: Active
MLS ID: 22-1445
Area: S Grand Forks
Total Sq Ft: 2736
Year Built: 1908

Tax & Legal Information

Tax Year: 2022
Tax Amount: $2550.99
Parcel #: 44-3004-00091-000
Zoning: A-1 Limited Development
Legal: Traills addn Rear 43.8' of Lot 12 B10

Remarks

Investment opportunity alert! This triplex is a solid choice with a great rental history and all the essential updates already taken care of. The three units consist of a 2-bedroom/1-bathroom upper-level unit ($655), a 1-bedroom/1-bathroom main level unit with a garage ($750), and a studio apartment in the basement ($555). New Shingles installed December 2023. Practical amenities include coin-operated laundry on-site and ample parking with three off-street spots and a single-stall garage. Recent improvements like vinyl siding, updated windows, new soffit/fascia/gutters in 2020, a new sump pump in 2020, and a fully renovated basement studio apartment in the same year ensure worry-free ownership. Showings require a 24-hour notice. Tenants are responsible for heat and electricity and handle their own A/C units. The owner covers water, sewer, and garbage. This is a practical, income-generating property worth considering!
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