9811 99 St, Westlock, Alberta T7P 1Y8

Listed for:
$755,000
0 beds
0 baths
Listed 120 days ago
9811 99 St, Westlock, Alberta T7P 1Y8

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Listing provided by:
Exp Realty
MLS® number:
E4365714
Agent:
Trent B. Muller
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About

Rental investment! 6-plex with spacious suites. Huge suites demand more rent. 4 suites have approx 1144 sq.ft. per side (2-3 bedroom suites upstairs 2-2 bedroom suites down). 1209 sq.ft. up/down suites on the other end of the building. 2 bedroom suite with a dinette + 2 bedroom lower suite. 2 suites have a stacking washer/dryer in the suite. 4 suites share a laundry room in the basement with coin-op laundry. Suites rent at a rate of $875-925 per month each. Landlord pays natural gas and water for the 4 suites, power for the common area. Tenants pay utilities for the up/dn 2 suites on the east end of the building. All constructed by Volzke Construction. Backs onto the Rotary Trail. Very near to the arena, field house, fitness facility known as Westlock Rotary Spirit Centre. Lots of parking on paved rear lot. as of July 2023 this is fully occupied. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
10
Ownership Type
Amenities nearby

Location

Summary

This 6-plex property is an excellent rental investment opportunity, offering spacious suites that command higher rent due to their size. The building consists of 4 suites with approximately 1144 sq.ft. per side, featuring 2-3 bedroom suites upstairs and 2-2 bedroom suites downstairs. Additionally, there are 1209 sq.ft. up/down suites on the other end of the building, including a 2 bedroom suite with a dinette and a 2 bedroom lower suite. Some suites are equipped with a stacking washer/dryer, while others share a laundry room in the basement with coin-operated laundry facilities. The monthly rent for these suites ranges from $875 to $925, with the landlord covering natural gas and water for 4 suites, as well as power for the common area. Tenants are responsible for utilities in the remaining 2 suites on the east end of the building. All suites were constructed by Volzke Construction and the property backs onto the Rotary Trail, offering a convenient location near the arena, field house, and the Westlock Rotary Spirit Centre.

With a total of 10 parking spaces available in the paved rear lot, this property is fully occupied as of July 2023, making it a lucrative investment opportunity. The property is currently for sale and boasts a land size of 20880 sqft. It is situated at 9811 99 ST in the city of Westlock, Alberta, with a postal code of T7P1Y8.