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$ 625,000
Est. payment | /mo
3,078 SqFt
$ 625,000
Est. payment | /mo
3,078 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,078 sqft
Price per Sqft $203
Subdivision Ingram Park
MLS Listing ID A2336397
Year Built 1976
Property Sub-Type Multi Family
Property Description
TURNKEY INVESTMENT OPPORTUNITY! This maintained fiveplex in Brooks offers an excellent opportunity to add a fully occupied,income-producing property to your portfolio. Built in 1976,the property features five 2-bedroom units,each equipped with a fridge,stove,washer and dryer. The building is fully rented and generating approximately $63,000 in annual gross rental income,with tenants responsible for their own gas and power while the owner pays water. Recent improvements include some newer windows and an updated metal roof,providing added peace of mind and long-term value. Located directly beside a playground in the established Ingram Park neighbourhood,this property offers a convenient setting for tenants and strong rental appeal. With five individual units,established tenancy,separate utility responsibility and recent exterior improvements,this is an attractive opportunity for investors seeking stable cash flow and long-term growth potential in Brooks. Fully rented. Strong income. Established property. Excellent investment opportunity.
Location
Province AB
County 0043
Zoning RLD
Interior
Heating Forced Air, Natural Gas
Cooling None
Inclusions 5 Fridges, 5 Stoves, 5 Washers, 5 Dryers
Fireplace No
Exterior
Roof Type Metal
Garage No
Building
Dwelling Type Other
Others
Restrictions None Known
Listed by RE/MAX Main Street Realty
NEARBY SCHOOL & BUSINESS