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$ 450,000
Est. payment | /mo
2,400 SqFt
$ 450,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $187
MLS® Listing ID A2273664
Year Built 1988
Annual Tax Amount $5,910
Tax Year 2025
Lot Size 7,780 Sqft
Acres 0.18
Property Sub-Type Apartment
Source Grande Prairie
Property Description
Investment opportunity with this 5-unit rental building located in the community of Falher. The property offers a well-balanced mix of unit sizes, making it attractive to a wide range of tenants. The building includes a 3-bedroom, 1-bathroom unit (Unit 1) that has seen several recent upgrades, including all new windows, new countertops, a new sink, and a new stove. Unit 2 is a 1-bedroom, 1-bathroom unit, while Units 3 and 4 each offer 2 bedrooms and 1 bathroom. Unit 5 is a 1-bedroom, 1-bathroom bachelor-style suite. Each unit is equipped with its own private laundry, a highly desirable feature that adds convenience for tenants and enhances rental appeal. With functional layouts, thoughtful updates, and solid rental income, this property presents a strong opportunity for investors seeking stable income. Conveniently located close to local amenities and services, this Falher rental building offers long-term value and excellent income potential. Book your showing today!
Location
Province AB
County Smoky River No. 130, M.d. Of
Zoning R3
Interior
Appliance Refrigerator, Stove(s), Washer/Dryer
Exterior
Total Parking Spaces 4
Building
Story 1
Others
Restrictions None Known
Tax ID 103120526
Ownership Private
Listed by Sutton Group Grande Prairie Professionals
Schools and Properties Nearby
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