$585,000
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4,486 SqFt
SOLD DATE : 07/25/2024
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,486 sqft
Price per Sqft $128
Subdivision Central Innisfail
MLS® Listing ID A2127192
Year Built 2002
Annual Tax Amount $5,150
Tax Year 2024
Lot Size 8,494 Sqft
Property Description
Looking for a REVENUE PROPERTY? Here is your opportunity to own an entire 4 plex in the friendly town of Innisfail! Each Bi-Level style unit has a kitchen, dining area, living room, 2 bedrooms, 4-piece bath, laundry area, and individual storage/ utility room. Nice modern updates including new roof, vinyl plank flooring, doors and paint with reliable long term tenants. Great net income with a current cap rate of 6.4%. An added bonus is that each unit has it's own individual land title! This property has been well maintained and is in excellent shape. Located in a convenient location, close to Innisfail amenities- if you are looking to start or grow your rental portfolio this property is a favorable choice with 100% occupancy and "turn-key ready" condition! *Current mortgages are assumable on approved credit at 1.69% financing for the remainder of the term.
Location
Province AB
County Red Deer County
Zoning R-3
Interior
Heating Forced Air
Laundry In Basement
Exterior
Garage On Street
Garage Description On Street
Fence None
Roof Type Asphalt
Building
Lot Description Corner Lot
Foundation Poured Concrete
Structure Type Vinyl Siding
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