$159,900

About this home

Attention Investors—Multiple Income Streams and Expansion Potential! Take advantage of this versatile investment opportunity at 520 Grant Street in Newell! This property features a spacious 4-bedroom, 1-bath brick residence along with a separate 2-bedroom, 1-bath garage apartment, providing two residential units with rental income potential. Even more appealing is the unfinished storage area, which offers the possibility of conversion into a third residential unit with 2 bedrooms or restoration to garage space. Significant improvements include updated electrical systems in both residences and a new gas furnace and central air conditioning in the main home. The property also features two covered porches, custom fencing, hardwood flooring, and attractive original architectural character. With six existing bedrooms between the two residences and the potential to expand to eight, this property offers flexibility for a variety of investment strategies. Rent both existing residences, occupy one while collecting income from the other, or explore the potential of creating an additional unit. A unique opportunity to build your investment portfolio with an adaptable property offering multiple possibilities!

Property details

MLS

NOWDD

MLS #

5255141

Property type

Duplex

Subdivision

N/A

Status

Active

Days on market

1

On market date

October 20, 2026

Stories

3

Total bathrooms

2

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.076 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.