1-6, 10709 108 Avenue , Fairview. T0H 1L0
Description
Your chance to become a commercial owner of a METICULOUSLY maintained 6-plex in a city with LIFT potential as Alberta continues to set migration records. Rental market in Fairview is extremely busy right now! This property is currently rented as an adult only/pet restricted building, with all units generating $1150/month + utilities. If you are looking for a solid building to park your money, there is no better property in terms of build quality and current condition than this one. This property is listed at $50,000 below appraised value... PER UNIT! Each unit has an above ground one-car garage, amazing sound proofing, and HVAC/laundry in-unit. Enjoy gas fireplaces, balcony's on each unit, open-concept, stainless appliances, and master ensuites. 3 units are 2 bed, 2 bath, and 3 units are 1 bed 1 den, 2 bath. Condo fees are $300/month per unit (included in rent) and cover security, water, sewer, garbage, lawn care, exterior maintenance, and reserve fund contribution. The building has 30 year shingles! Fairview is a community that hosts 3 schools, a polytechnic university, hospital, seniors lodge and much more. All apartments are rented with the exception of one for showing purposes. Measurements are as per Condo documents. This is an attractive investment at $6900/month gross rent + utilities on a $750,000 purchase price.
Listing Information
For fast response, please email us via the “Inquiry Via Email” button with your contact information.
Listing MLS#:A2182955
1-6, 10709 108 Avenue ,
Fairview. T0H 1L0
Liang Commercial Real Estate
To purchase a business or property, please visit "Our People", to find a commercial expert who specializes in the type of business or property you are looking for, speaks your language, and has an office in your city.
This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Grassroots Realty Group Ltd." listing brokerage.
Google map
