This property is a great investment opportunity with a greatly reduced price, featuring a 4-plex with long-term renters and a good revenue income. The seller is motivated, and the property could be purchased as a personal residence with a low interest rate and only 10% down. The rental units are expected to cover the payments, as they currently rent for $3300.00 per month, with tenants responsible for utilities. The property is conveniently located near schools and playgrounds, and the units are in good condition with very low to no vacancy. The apartments are up and down units, with bedrooms located in the lower levels, making them very appealing rental units. The property offers the option to live in one unit and rent out the others.
This property is currently for sale and features a land size of 8690 sqft, located at 10300 105 Avenue in the city of Fairview, Alberta, with a postal code of T0H1L0. It includes a total of 2 bathrooms and 5 bedrooms below ground, as well as 5 total bedrooms. The architectural style is low rise, with a finished basement and attached building construction style. The property uses natural gas as a heating fuel and has a heating type of hot water. It consists of 1.00 stories and is classified as an apartment.
