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$ 1,849,999
Est. payment | /mo
538 SqFt
$ 1,849,999
Est. payment | /mo
538 SqFt
Key Details
Property Type Multi-Family
Sub Type Row/Townhouse
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 538.0
Square Footage 538 sqft
Price per Sqft $3,438
Subdivision East End
MLS Listing ID A2266239
Year Built 1979
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Row/Townhouse
Property Description
An excellent investment opportunity featuring two multifamily buildings located at 121 and 125 Powell Street. Each building offers five spacious units, approximately 1,080 sq. ft. per unit, with 2 bedrooms and 1.5 bathrooms. Each unit includes one parking stall and showcases one of two functional layouts, both available in the measurement supplements. 9 of the units are currently rented at $1,500 per month plus utilities (water included). This property offers strong rental income today with future potential for land development concept renderings are available in the photos. Lot size is 20,908 SQ FT (1,942 SQ Metres). Conveniently situated close to schools, shopping, and a variety of amenities, this is an ideal addition to any investment portfolio.
Location
Province AB
Zoning R-MD
Interior
Inclusions Refrigerator x10, Stove x10, Washer x10, Dryer x10
Fireplace No
Exterior
Total Parking Spaces 10
Garage No
Building
Dwelling Type Five Plus
Others
Restrictions None Known
Listed by RE/MAX Landan Real Estate