10120 103 Avenue new

Grande Prairie,AB T8V1C1

$ 449900

- Bed

- Bath

1462 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,462 sqft

Price per Sqft $307

Subdivision Avondale

MLS Listing ID A2236685

Style Bungalow

Year Built 1955

Property Sub-Type Freehold

Source Grande Prairie & Area Association of REALTORS®

Property Description

Incredible Opportunity to own a 4 plex for 450k, that's only 113k per door and to sweeten the deal its fully rented and cash flowing! This unique 4plex conversion has an Upper 3 bedroom space, two 1 bedroom basement suites a 2 story LOFT Suite! This Place has amazing parking with a front driveway and a massive gravel parking pad in the back, which is accessed through the alley. "A" basement suite is paying 800 per month, B basement suite is paying $800 per month, loft suite is paying $1050 per month and the Main floor is paying $1250 per month, tenants pay their own electricity, cable , telephone and tenant insurance. Owner pays water/sewer/garbage. There is a common area laundry room with coin operated washer and dryer that produces additional income of $100-$200 per month. Invest and rent? Create 4 Air BnB's ? Or move into one of the suites and retire and let the other 3 tenants pay your mortgage! The side hustle options for the place are endless! (inside photos from when vacant in the past) (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters,Other,

Flooring Carpeted,Vinyl

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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