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Property DetailsFully Rented with stable long term professional tenants. Brand New Four Plex For Sale, Excellent Rental Income - 4 apartments in a legal fourplex. Built in 2015, There are 3 x 3 bedroom units and one 2 bedroom (900Sq Ft) all with heated garages. Each unit is finished to a very high modern standards and comes with all brand new appliances, open plan living areas, balconies, walk in closets and ensuite bathrooms, entry system. Located close to the hospital, parks, and school. Unit 1 and 2 are 1265 Sq ft, Unit 3 is 1090 Sq Ft and Unit 4 is 900 Sq Ft. Communal area with 2 piece bathroom is currently under utilized. This is a great opportunity for any investor. Income Generated is currently $68,000 per year. CAP RATE 6%.
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Additional Property InformationThis listing located at #1,2,3,4 711 1st St, Sundre, AB offers eight bedrooms, eight bathrooms and one partial bathroom. The property is presently priced for $749,000.
This property is presented by CIR REALTY located in Alberta.