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In-PersonVirtual Tour
$ 599,000
Est. payment | /mo
2,000 SqFt
$ 599,000
Est. payment | /mo
2,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000
Square Footage 2,000 sqft
Price per Sqft $299
MLS® Listing ID A2339635
Year Built 2001
Lot Size 7,750 Sqft
Acres 7750.0
Property Sub-Type Freehold
Property Description
INVESTOR ALERT | LEGAL 4-PLEX | POSITIVE CASH FLOW | RENTAL UPSIDE. An excellent opportunity to add a well-maintained, purpose-built multi-family property to your portfolio in the growing community of Didsbury. This four-plex features four identical bi-level corner units, each offering a private entrance, 2 bedrooms, 1 full bathroom, an open-concept kitchen, dining and living area, in-suite laundry, dedicated furnace and hot water tank, plus excellent storage. The efficient design provides approximately 2,000 sq. ft. above grade, with additional developed living space below and 8 on-site parking stalls. The building has been well maintained and benefits from a strong rental history with long-term tenants, positive net operating income and current rents below estimated market levels, providing meaningful future revenue upside. Ideally located close to Didsbury's schools, hospital, recreation facilities, parks, shopping and everyday amenities, with quick access to the QEII Highway. Didsbury is a thriving central Alberta community strategically positioned between Calgary and Red Deer, supported by a diverse regional economy and strong demand for quality rental housing. Whether you're an experienced investor expanding your portfolio or looking to enter the multi-family market, this is a compelling opportunity to acquire four income-producing units under one title. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage No
Private Pool No
Others
Ownership Freehold
Virtual Tour https://vimeo.com/1219439340
Listed by REMAX Innovations
Nearby Locations
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