$710,000

Investment For Sale In Redwater, Alberta

$710,000

Property Information:

This unique 6 plex is located in downtown Redwater, Alberta. Built in 1998, wood frame construction. Hot water heating system. Hot water tank replaced in 2004. Each unit has been renovated with plank flooring, stainless steel appliances, separately metered for power. All have separate entrances. Current owner spent over $140,000 in renovation. Excellent mix 1x1 brm/5x2brm. Gross annual income over $78,000. Cap rate of 7.39%. (id:27)

Property Features:

  • Property Type: Multi-family
  • Built in: 1998
  • Lot Size: 4050.00 Square Feet
  • No. of Parking Spaces: 6

Courtesy of: Sutton Central Commercial Real Estate, Sutton Premiere Real Estate

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.