Description
Prime investment opportunity in Grand Forks, ND! This renovated property offers 8 units, built in 1955 and recently refurbished in 2024. Each has in-unit laundry and separate utility meters. With a 9.82% Pro Forma CAP rate, 2026 tax abatement, $0 in utilities expense and 7/8 units full, this property promises both immediate returns and long-term appreciation potential. Inquire for a tour/brochure
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime investment opportunity in Grand Forks, ND! This renovated property offers 8 units, built in 1955 and recently refurbished in 2024. Each has in-unit laundry and separate utility meters. With a 9.82% Pro Forma CAP rate, 2026 tax abatement, $0 in utilities expense and 7/8 units full, this property promises both immediate returns and long-term appreciation potential. Inquire for a tour/brochure
© 2025 Grand Forks Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Crary Real Estate. Data last updated: 2025-12-15T14:37:33.76.
