Great Investment opportunity and very close to the downtown hub. The 4 plex has 3 - 2 bedroom units & 1 - 1 Bedroom unit. There is a common area in the basement with laundry-coin operated washer/dryer. Ample room for folding table etc. Tenants pay their own utilities with exception of gas that is covered by landlord. Over the years the windows & flooring has been updated. The revenue potential as of October 1, 2021 is $52,000.00 due to the rental demand with expenses around the $16,733.00 (potential for a 9% return on investment starting October 1, 2021
Contact Heather Malin About MLS® E4262424
Heather Malin, 780-621-8001 at RE/MAX Vision Realty, 5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9
Property Type: 4PLEX
Year Built: 1965
Total Floor Area: 1,763 sq.ft
Address: 4766 49 Street
Neighbourhood: Drayton Valley
Postal Code: T7A 1J2
Included: Refrigerator, Stove-Electric
Bedrooms: 1 (Bedrooms Above: 1)
Bathrooms: Full: 1
Rooms Above Grade: 1
Basement: Full, Fully Finished
Floor Finish: Laminate Flooring
Exterior Features: Golf Nearby, Picnic Area, Playground Nearby, Public Swimming Pool, Schools, Shopping Nearby
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