$609,000

Investment For Sale In Peace River, Alberta

$609,000

Property Information:

Multifamily buildings don't come on the market often and here is your chance to become an owner of a beautifully updated 4-Plex. Kitchens and bathrooms, flooring and appliances, everything has been upgraded over the years. Vinyl windows allow ample natural light on both levels. Each unit features a separate entry, 3 spacious bedrooms, a 4pc bathroom, a kitchen, a living room, and its own laundry/utility room. The only carpet in the building is being replaced with new vinyl flooring as you read this. A fenced shared yard and a shed provide convenience for the tenants as well as paved parking with 4 plug-ins. While all the units have separate furnaces and hot water tanks and the utilities are paid separately on top of the rent, your income will remain stable year-round. This building is always fully occupied and with the demand for rentals as high as now, it is a perfect time to step into the investment world or diversify your portfolio. Call for more information and to book a showing!

Inclusions: 4 fridges, 4 stoves, 4 washers, 4 dryers, 2 Built in vacuum cleaners and accessories, shed, all window coverings.

Building Features:

  • Total Finished Area: 2109.33

Property Features:

  • Built in: 1967
  • Cooling: None
  • Floor Space (approx): 2109.33 Square Feet
  • Flooring: Laminate
  • Foundation Details: Poured Concrete
  • Heating: Forced Air
  • Parking Features: Assigned, Off Street, Parking Lot
  • Roof: Asphalt Shingle
  • Zoning: RESIDENTIAL-HIGH DENSITY

Courtesy of: RE/MAX Northern Realty

Data provided by: Grande Prairie & Area Association of REALTORS® 10106 102 St., Grande Prairie, Alberta T8V 2V7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved