New Listing
10601 108 Avenue, Fairview
$325,000 - 2,036 Sf
MLS® # A2297537
Grassroots Realty Group Ltd.
10300 105 Avenue , Fairview
$395,000
0 Beds
0 Baths
2,285 Sqft
.2 Acres
0 Garages
Excellent Investment Opportunity — 4-Plex with Cash Flow! PURCHASE WITH ONLY 10% DOWN!
Rare opportunity to offset your mortgage or potentially live rent-free by occupying one unit and renting the other three. This well-maintained 4-plex offers solid revenue with long-term tenants already in place and very low vacancy.
The property features four fully self-contained units, each with separate meters and utilities paid by tenants. Two front units offer approximately 800 sq. ft. with 3 bedrooms and 1.5 bathrooms, while the two rear units are approximately 700 sq. ft. with 2 bedrooms and 1 full bathroom. All units include their own in-suite laundry for added tenant convenience.
The front 3-bedroom units currently rent for $975/month each, while the rear 2-bedroom units rent for $850/month each, generating $3650 a month in total rental income. The up/down layout places bedrooms on the lower levels, creating functional and appealing living spaces that are attractive to renters.
The building has been well maintained and all units are in excellent condition. Located close to schools and playgrounds, this property is ideal for investors or owner-occupants looking to build equity while generating income. THIS PROPERTY IS FOR SALE ONLY.. THE SELLER WILL NOT VENDOR FINANCE!
Essential Information
MLS® #A2288322
Price$395,000
Square Footage2,285
Acres0.20
Year Built1980
TypeMulti-Family
Sub-Type4 plex
StatusActive
Community Information
Address10300 105 Avenue
SubdivisionNONE
CityFairview
CountyFairview No. 136, M.D. of
ProvinceAlberta
Postal CodeT0H 1L0
Amenities
Parking Spaces4
ParkingOff Street, Parking Pad
Utilities
Electricity Connected, Natural Gas Connected, Fiber Optics Available, Garbage Collection, High Speed Internet Available, Sewer Connected, Water Connected
Interior
HeatingNatural Gas
Has BasementYes
BasementFull
Interior Features
Ceiling Fan(s), Laminate Counters, No Smoking Home, Open Floorplan
Appliances
Refrigerator, Stove(s), Washer/Dryer
Exterior
Exterior FeaturesRain Gutters, Storage
RoofAsphalt Shingle
ConstructionVinyl Siding
FoundationWood
Lot Description
Back Yard, Landscaped, Lawn, Level
Additional Information
ZoningR1
Office
Sutton Group Grande Prairie Professionals
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