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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
Approx. Sqft 1352.0
Square Footage 1,352 sqft
Price per Sqft $169
MLS Listing ID A2281957
Year Built 1945
Property Sub-Type Apartment
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
Zoning R2
Direction W
Interior
Fireplace No
Exterior
Total Parking Spaces 5
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
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Listed by eXp Realty
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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