Your chance to become a commercial owner of a METICULOUSLY maintained 6-plex in a city with LIFT potential as Alberta continues to set migration records. Rental market in Fairview is extremely busy right now! This property is currently rented as an adult only/pet restricted building, with all units generating $1150/month + utilities as of September 1st, 2024. If you are looking for a solid building to park your money, there is no better property in terms of build quality and current condition than this one. This property is listed at $50,000 below appraised value... PER UNIT! Each unit has an above ground one-car garage, amazing sound proofing, and HVAC/laundry in-unit. Enjoy gas fireplaces, balcony's on each unit, open-concept, stainless appliances, and master ensuites. 3 units are 2 bed, 2 bath, and 3 units are 1 bed 1 den, 2 bath. Condo fees are $300/month and cover security, water, sewer, garbage, lawn care, exterior maintenance, and reserve fund contribution. The building has 30 year shingles! Fairview is a community that hosts 3 schools, a polytechnic university, hospital, seniors lodge and much more. All apartments are rented with the exception of one for showing purposes. Measurements are as per Condo documents. This is an attractive investment at $6900/month gross rent + utilities on a $750,000 purchase price. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
36.88 x 40.54 m
Community Features
Pets Allowed With Restrictions, Age Restrictions
Listing Contract Date
2024-06-20
Maintenance Fee Type
Common Area Maintenance, Parking, Reserve Fund Contributions, Sewer, Waste Removal, Water
Municipal ID
0034074120
# of Parking Spaces
10
Plan
0929956
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
C-1 Residential Condominium
Building
Constructed Date
2009
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Size (Exterior)
6864 square feet
Total Finished Area
6864 sqft
Type
Multi-Family
Land
Total Size
121 x 133 | Unknown
Fence Type
Not fenced
Size of Irregular Land
121 x 133
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