$498,500.00 0 Sq.ft

4803 61A Street , Stettler. T0C 2L1

Description

RARE INVESTMENT OPPORTUNITY! A strong rental market with rising rents make this a perfect time to add to your portfolio or start investing. Fully rented...This very well kept 4-plex has four 3-bedroom suites and many upgrades over time. The exterior of the building has been sided with hardy plank , eves troughs replaced in 2021, most of the windows have been replaced, kitchens/flooring/appliances have all been updated over time. The upper suites have large decks. The parking pad is paved and in good condition. The roof is a torch on membrane. The upper suites have forced air furnace heating and the lower suites have hot water radiant heating supplied by a boiler. Upper suites pay their own gas and power and lower suites pay their own power. Suites are rented for $1300/month each. 7% Cap rate.

Listing Information

Prop. Type:Multi-Family
Status:Active
MLS #:A2175120
City:Stettler
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.00 Acre
Listing Price:$498,500.00
Lease Rate: $0.00
Business Type:
Property Subtype:4 plex
Transaction Type:For Sale
Land Use Code:T2R0
Listing Contract Date:2024-10-25

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RCR - Royal Carpet Realty Ltd." listing brokerage.

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