About 4803 61a Street
RARE INVESTMENT OPPORTUNITY! A strong rental market with rising rents make this a perfect time to add to your portfolio or start investing. Fully rented...This very well kept 4-plex has four 3-bedroom suites and many upgrades over time. The exterior of the building has been sided with hardy plank , eves troughs replaced in 2021, most of the windows have been replaced, kitchens/flooring/appliances have all been updated over time. The upper suites have large decks. The parking pad is paved and in good condition. The roof is a torch on membrane. The upper suites have forced air furnace heating and the lower suites have hot water radiant heating supplied by a boiler. Upper suites pay their own gas and power and lower suites pay their own power. Suites are rented for $1300/month each. 7% Cap rate.
Features of 4803 61a Street
MLS® # | A2175120 |
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Price | $498,500 |
Bathrooms | 0.00 |
Square Footage | 1,990 |
Acres | 0.00 |
Year Built | 1976 |
Type | Multi-Family |
Sub-Type | 4 plex |
Status | Active |
Community Information
Address | 4803 61a Street |
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Subdivision | NONE |
City | Stettler |
County | Stettler No. 6, County of |
Province | Alberta |
Postal Code | T0C 2L1 |
Amenities
Parking Spaces | 5 |
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Parking | Driveway, Off Street, Parking Pad, Paved, Parking Lot |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Laminate Counters, Vinyl Windows |
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Appliances | Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings |
Heating | Boiler, Forced Air |
Cooling | None |
Fireplace | No |
Has Basement | No |
Exterior
Exterior Features | Private Entrance, Private Yard |
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Roof | Membrane |
Construction | Concrete, Wood Frame |
Foundation | Poured Concrete |
Additional Information
Date Listed | October 25th, 2024 |
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Days on Market | 5 |
Zoning | T2R0 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RCR - Royal Carpet Realty Ltd. |
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