Investor alert or the perfect opportunity for multi-generational living! This recently renovated 4-bedroom, 2-bathroom home offers two self-contained 2-bedroom, 1-bathroom suites, each with its own private entrance, providing excellent flexibility for investors or extended families. Currently generating $3,200 per month in rental income, with tenants paying their own utilities, this property delivers strong cash flow and lower operating costs. Situated on a spacious 10,000+ sq. ft. corner lot, there's plenty of room for RV or boat parking with space left over to enjoy the outdoors or explore future possibilities. The central location is hard to beat-just minutes from elementary and secondary schools, shopping, downtown Grand Forks, and beautiful City Park, making it highly desirable for both tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this versatile property checks all the boxes. Don't miss your chance to own this excellent income-producing property! (id:4069)
Address
778 Central Avenue
List Price
$499,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Ranch
Transaction Type
Sale
Area
British Columbia
Sub-Area
Grand Forks
Bedrooms
4
Bathrooms
1
Floor Area
1,619 Sq. Ft.
Lot Size
0.24 Ac.
Year Built
1947
MLS® Number
10395131
Listing Brokerage
Sutton Group-West Coast Realty (Langley)
Postal Code
V0H1H0
Ownership
Freehold
Parking Places (Total)
4
Site Influences
Park, Recreation, Schools, Shopping
Features
Corner Site
Appliances
Refrigerator, Range - Electric, Oven, Washer & Dryer
Heat Type
Forced air
Fireplace
Yes
Number of Fireplaces
1
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Municipal sewage system
