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$229,000
Est. payment /mo
1,352 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 1,352 sqft
Price per Sqft $169
MLS® Listing ID A2281957
Year Built 1945
Annual Tax Amount $1,444
Tax Year 2025
Property Sub-Type Apartment
Source South Central
Property Description
This fully rented 5-unit apartment building is centrally located in the town of Hanna, just minutes from the hospital and nearby amenities. The property offers a desirable unit mix consisting of four one-bedroom units and one two-bedroom unit, all occupied by long-term tenants, providing stable and consistent rental income. Each unit is equipped with a fridge and stove, and tenants have access to a shared coin-operated washer and dryer. The building features a durable metal roof, helping to reduce long-term maintenance costs. While the property requires some TLC, it presents a solid value-add opportunity for investors looking to enhance returns over time. A well-located income property with upside potential, ideal for expanding or starting a rental portfolio.
Location
Province AB
County Special Area 2
Zoning R2
Exterior
Total Parking Spaces 5
Building
Story 1
Others
Restrictions None Known
Tax ID 103982333
Ownership Private
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Listed by eXp Realty
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