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$449,900
Est. payment /mo
1,462 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 1,462 sqft
Price per Sqft $307
Subdivision Avondale
MLS® Listing ID A2236685
Style Bungalow
Year Built 1955
Property Sub-Type 4 plex
Property Description
Incredible Opportunity to own a 4 plex for 450k, that's only 113k per door and to sweeten the deal its fully rented and cash flowing! This unique 4plex conversion has an Upper 3 bedroom space, two 1 bedroom basement suites a 2 story LOFT Suite! This Place has amazing parking with a front driveway and a massive gravel parking pad in the back, which is accessed through the alley. "A" basement suite is paying 800 per month, B basement suite is paying $800 per month, loft suite is paying $1050 per month and the Main floor is paying $1250 per month, tenants pay their own electricity, cable , telephone and tenant insurance. Owner pays water/sewer/garbage. There is a common area laundry room with coin operated washer and dryer that produces additional income of $100-$200 per month. Invest and rent? Create 4 Air BnB's ? Or move into one of the suites and retire and let the other 3 tenants pay your mortgage! The side hustle options for the place are endless! (inside photos from when vacant in the past)
Location
Province AB
County Grande Prairie
Zoning RT
Rooms
Basement Full, Suite
Interior
Heating Baseboard, Floor Furnace, Natural Gas
Flooring Carpet, Vinyl
Inclusions None
Appliance Range, Refrigerator, Washer/Dryer
Exterior
Porch Deck
Lot Frontage 65.95
Total Parking Spaces 6
Building
Dwelling Type Four Plex
Foundation Poured Concrete
Architectural Style Bungalow
Structure Type Concrete,Wood Frame
Others
Restrictions None Known
Tax ID 102135713
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Listed by Sutton Group Grande Prairie Professionals