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$1,599,999
Est. payment /mo
9,649 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,649 sqft
Price per Sqft $165
Subdivision Avondale
MLS Listing ID A2293861
Year Built 1969
Property Sub-Type Multi Family
Property Description
A well-established and lovingly maintained residential property sitting in one of
Grande Prairie's most sought-after rental corridors. This 3-level multifamily
building has been carefully managed throughout its ownership; typically
running at full occupancy,a testament to its quality,location,and the strength
of Grande Prairie's rental market.
Solid construction provides exceptional durability and quiet,comfortable living.
Every above-grade unit features a private balcony. The building includes 12
dedicated parking stalls (one per unit),spacious floor plans,and a common
coin-op laundry room. Recent capital improvements include roof replacement
in 2014,boiler system replacement in 2012. Regular boiler maintenance and roof was repaired recently. Selling at a great return rate with room to increase revenue to market rates. CMHC mortgage to be assumed,5 units are rent controlled.
Grande Prairie's most sought-after rental corridors. This 3-level multifamily
building has been carefully managed throughout its ownership; typically
running at full occupancy,a testament to its quality,location,and the strength
of Grande Prairie's rental market.
Solid construction provides exceptional durability and quiet,comfortable living.
Every above-grade unit features a private balcony. The building includes 12
dedicated parking stalls (one per unit),spacious floor plans,and a common
coin-op laundry room. Recent capital improvements include roof replacement
in 2014,boiler system replacement in 2012. Regular boiler maintenance and roof was repaired recently. Selling at a great return rate with room to increase revenue to market rates. CMHC mortgage to be assumed,5 units are rent controlled.
Location
Province AB
Zoning RM
Interior
Inclusions 12 Stoves, 12 Fridges, coin washer and dryer
Fireplace No
Exterior
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
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Listed by KPLI Real Estate Corporation
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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