$925,000
For more information regarding the value of a property, please contact us for a free consultation.
2.84 Acres Lot
SOLD DATE : 09/12/2023
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2050318
Year Built 2002
Annual Tax Amount $3,137
Tax Year 2022
Lot Size 2.840 Acres
Property Description
Must see incredible investment opportunity in residential Wabasca! This immaculate 15-unit apartment block sits on a spacious and heavily tree lined 2.8 acres ? plenty of room for future expansion of another building unit. Constructed in 2002, this well-maintained building has two entrances, each unit has an ample size balcony; not to mention plenty of parking- each unit has powered parking with 2 assigned stalls and plenty of visitor parking in the large parking lot. Green space area for outdoor activities and a storage shed for equipment storage. The building is monitored by an Armstrong alarm system. A large glycol boiler provides in-floor heat to the building and all the common areas are air conditioned. The boiler/mechanical room is located on the main floor and coin operated laundry on the 2nd and 3rd floors. Each 2-bedroom unit ranges from 750-800 SQFT and includes standard appliances; stove, fridge, dishwasher and a 4pc bathroom. This apartment has had consistent and long-term occupancy since it?s inception and has proven to be a profitable investment ? don?t miss out on this opportunity! Consistent revenue stream and all tenants are assumable!
Location
Province AB
County Opportunity No. 17, M.d. Of
Zoning R3 Residential
Interior
Heating Boiler, In Floor, Natural Gas, Zoned
Cooling Partial
Exterior
Utilities Available Electricity Connected
Roof Type Asphalt Shingle
Building
Lot Description Backs on to Park/Green Space, Cleared, Irregular Lot, Landscaped, Yard Lights, Private
Foundation Poured Concrete
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP