This property is being offered as a Freehold ownership type, providing the buyer with full ownership rights.
There are a total of 8 parking spaces available on the property, offering ample parking for residents and visitors.
Don't miss out on this income property opportunity! The property consists of 4 units, each with its own separate entryway. Each unit is designed as a 3-level split, featuring a kitchen, dining area, and living room on the main level, 2 bedrooms and a bathroom on the upper level, and a bedroom, storage room, and laundry room in the basement. Additionally, each unit comes with its own fenced yard area.
If you choose to personally occupy one of the units, you have the option to mortgage the property as your personal residence. The remaining units can be rented out to cover the mortgage payments, allowing you to save your working income for your future goals. Three of the units rent at $1300.00 per month, including utilities, while the fourth unit is rented for $800.00 plus utilities. This brings the gross monthly rent to $4,700.00. The average monthly utility costs for the year 2023 are $1,116.08.
This property is currently on the market for sale and is located at 10718 105 Ave Avenue in the city of Fairview, Alberta. The postal code for this property is T0H1L0.
In addition to the living spaces, the property also features a finished basement and utilizes natural gas as its heating fuel, with a forced air heating system in place. The property type is classified as Multi-Family, offering a versatile investment opportunity.
For more information about this property, please contact your Realtor.
