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$445,000
Est. payment /mo
3,024 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3024.0
Square Footage 3,024 sqft
Price per Sqft $147
MLS Listing ID A2336073
Year Built 1976
Property Sub-Type Apartment
Property Description
This well-built 6-plex offers investors and owner-occupants a rare opportunity to acquire a stable,income-generating asset in the quiet community of Hanna,Alberta. Built in 1976 on a durable poured concrete foundation with a tar and gravel roof (recently inspected),the building features six two-bedroom units,each offering 1,008 square feet of living space across two levels,with three distinct floor plans: matching layouts in the two corner units,mirrored layouts in the opposite corner units,and a separate layout shared by the two centre units. Every unit has its own private entrance and balcony,and the building includes 6 stoves,5 refrigerators,5 washers,6 dryers,and off-street parking for tenants. Some units have received recent updates. With 4 of 6 units currently rented and generating steady cash flow,this is an excellent opportunity for an investor looking to acquire a partially performing asset with room to increase income by leasing up the remaining units,or for an owner-occupant looking to live in one unit while offsetting their mortgage with rental income from the rest. Note that one unit has water damage resulting from a frozen water line and will require repair; buyers should factor this into their offer and are encouraged to complete their own due diligence and inspection. Call today to book a showing or request more information. (Pictures of interior of some units to follow shortly.)
Location
Province AB
County Sa2
Zoning R3
Direction E
Interior
Fireplace No
Appliance See Remarks
Exterior
Total Parking Spaces 16
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
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Listed by eXp Realty
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