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$498,500

Est. payment - /mo

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1,990 SqFt

Active

4803 61A ST Stettler, AB T0C 2L1

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Ronaldo Terra

ronaldo@thecompassteam.ca +1(403) 668-7018

UPDATED:

10/26/2024 11:40 PM

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 1,990 sqft

Price per Sqft $250

MLS® Listing ID A2175120

Originating Board Central Alberta

Year Built 1976

Annual Tax Amount $2,555

Tax Year 2024

Property Description

RARE INVESTMENT OPPORTUNITY! A strong rental market with rising rents make this a perfect time to add to your portfolio or start investing. Fully rented...This very well kept 4-plex has four 3-bedroom suites and many upgrades over time. The exterior of the building has been sided with hardy plank , eves troughs replaced in 2021, most of the windows have been replaced, kitchens/flooring/appliances have all been updated over time. The upper suites have large decks. The parking pad is paved and in good condition. The roof is a torch on membrane. The upper suites have forced air furnace heating and the lower suites have hot water radiant heating supplied by a boiler. Upper suites pay their own gas and power and lower suites pay their own power. Suites are rented for $1300/month each. 7% Cap rate.

Location

Province AB

County Stettler No. 6, County Of

Zoning T2R0

Interior

Interior Features Laminate Counters, Vinyl Windows

Heating Boiler, Forced Air

Cooling None

Flooring Carpet, Linoleum

Inclusions NONE

Appliance Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings

Exterior

Garage Driveway, Off Street, Parking Lot, Parking Pad, Paved

Garage Description Driveway, Off Street, Parking Lot, Parking Pad, Paved

Roof Type Membrane

Porch Deck

Lot Frontage 60.0

Parking Type Driveway, Off Street, Parking Lot, Parking Pad, Paved

Total Parking Spaces 5

Building

Foundation Poured Concrete

Level or Stories Bi-Level

Structure Type Concrete,Wood Frame

Others

Restrictions None Known

Tax ID 56617668

Ownership Private

Listed by RCR - Royal Carpet Realty Ltd.

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Ronaldo Terra

REALTOR® | License ID: ldterraro

+1(403) 668-7018