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$ 1,424,000
Est. payment | /mo
3,520 SqFt
$ 1,424,000
Est. payment | /mo
3,520 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3520.0
Square Footage 3,520 sqft
Price per Sqft $404
Subdivision Eastview
MLS Listing ID A2255574
Style Bi-Level
HOA Y/N No
Year Built 1986
Property Sub-Type 4 plex
Property Description
Attention Investors: Are you a seasoned investor or new to the market! Either way your not going to want to miss out on this opportunity. 2 very well maintained 2 bedroom 4 plex's units on 1 lot one title. Exceptionally well cared for and lots of renovations over the years. From the roofs to the siding to the interiors including kitchens, cabinets, flooring, paint, bathrooms, some, furnaces hot water tanks ( vary from unit to unit) all show well with good tenants in place on fixed and monthly leases wanting to stay. Could easily produce a 7% or greater cap rate while still maintaining lower than FMR. Great property if you want to self manage yourself with no large common areas or the associated costs other than small amount of grass to cut and little snow to shovel. Good convenient SE side location on the bus route. Plenty of parking with 1 powered stalls for each unit at the rear. 1 unit will be given access for viewings, others upon accepted offer. Rental leases and documents provided for review upon acceptance of offer. Currently grossing $110,000 a year with fixed costs of approx $22,000. If your just starting out or adding to your portfolio this one will be well worth considering.
Location
Province AB
County 0262
Zoning R-M
Interior
Inclusions Storage Shed
Fireplace No
Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Exterior
Parking Features Parking Pad
Porch Deck
Total Parking Spaces 18
Garage No
Building
Dwelling Type Four Plex
Architectural Style Bi-Level
Level or Stories One
Others
Restrictions None Known
Listed by RE/MAX real estate central alberta
