MLS®# SK801105

221 4th AVENUE

$239,900.00 CAD
MLS®# SK801105


Key Details

4 Baths
1,920 SQ.FT


Imagine a multi-family building with monthly revenue of $3,000! This investment property is suited for the new investor who wants to dip their toe into multi-residential investing or the seasoned vet that just takes advantage of great deals. Comprised of three 2-bedroom suites and a 1-bedroom, this property comes with 4 fridges and stoves, coin-operated washer and dryer accessible to all tenants, three renovated washrooms, two hot water tanks, and a natural gas boiler. It has been well kept up and has a low maintenance yard that includes several well-graveled parking spaces with electrical outlets. This property doesn't need TLC, it needs you to sit back and collect rent. Other than this building having great bones, it's located minutes away from the oil drilling area, so finding a tenant is easy. It's common for this property to have a wait list of tenants, currently fully leased. This is a secure and exciting money-maker. This is a complete package income producer, that is affordable.

Listing courtesy of Century 21 Fusion

More Info

City: Elrose
Square Footage: 1920
Year Built: 1984
Style: Bi-level
Type: Fourplex (all 4 Units)
Roof: Asphalt Shingles
Exterior: Siding

Furnace: Furnace Owned
Heating: Hot Water
Water Heater: Included
Water Softener: Not Included
Listed By: Century 21 Fusion