Property ID: A2071073
$695,000
INVESTMENT ALERT! FOURPLEX opportunity! This is a rare chance to own a 4 unit building of an income generating property in a prime, central location in the hot Grande Prairie rental market. Very nice & practical layout with open plan of kitchen, dining & living room areas, and huge half bathroom upstairs with 2 bedrooms, full bathroom and laundry in utility room downstairs.Additional storage under stairs, hall linen closet downstairs, 2 closets upstairs plus kitchen has lots of cabinets. Just an all around great utilization of space!Large living room has sliding glass doors that let in ample natural light and lead to individual unit’s deck. Interior is a nice, neutral colour palette to allow any décor to work well. Units have their own 6’ x 10’ private decks to enjoy with secured storage underneath. Chain link fencing around whole property perimeter with gate access to parking spots. 6 paved parking stalls are at back from alley access with ample street parking, too. Concrete sidewalks, mature trees and lawn surround the building as well. Located close to City bus stop & transit routes. Current rents are between $1,150-$1,250 on fixed term leases. Property is professionally managed with reputable local company. Tenant(s) are responsible for all utilities. Please note: 3D Tour and Interior photos were taken when property was vacant. All units currently tenant occupied. Minimum 24 hour notice required for showings. Contact a REALTOR® for more info or to book a viewing! (id:12516)
- AC:None
- Bathrooms:
- Bedrooms:
- Flooring:
- Heating:,Natural gas
- Lot Size:7920.09 square feet
- Property Type:Multi-family
- Size:2000 square feet
- Waterfront:No
- Yard:Fence
- Year Built:2002
- Listing Office:Royal LePage - The Realty Group