$1,175,000
FOR SALE

Multiplex

711 1st Street
Sundre, AB T0M 1X0

Exceptional Sundre 2016 built 5plex, built to very high standards with a mix of spacious units, including 3 x 3-bedroom, 2-bathroom layouts and 2 x 2-bedroom, 2-bathroom configurations with in unit laundry and separate hot water tanks and furnaces per unit, Unit 5 is instant hot water. Currently fully rented to reliable tenants, boasting a stellar track record of zero vacancies for years. Enjoy a steady income stream and impressive cap rate from this investment gem. Built in 2016 near the hospital this property is utilized by the Rural Physician Program with signed leases until 2025, Spacious units with large bedrooms, ensuite masters and laundry in each unit, kitchens with large islands and quartz counter tops throughout, large windows, vinyl flooring, 4 units have heated garage spaces and driveways, Unit 5 has its own driveway. Sundre Hospital Futures Committee is committed to building a new hospital campus within the next few years and Travel Alberta has a plan to develop tourism opportunities in this zone. Only 1 hour from Calgary or Red Deer and a perfect location for all nature enthusiast, with walking trails, Rivers, Lakes and Streams, Sundre has an amazing community with lots of amenities and opportunities. (id:47421)
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Listed By Real Broker
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2128094
Last Updated Jun 05, 2024
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Listing Contract Date 2024-05-01
Municipal ID 0018017889
# of Parking Spaces 9
Plan 7610139
Property Type Multi-family
Transaction Type For sale
Zoning Description R2
Building
Constructed Date 2016
Construction Material Poured concrete, Wood frame
Cooling Type None
Exterior Finish Concrete, Vinyl siding
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Other
Size (Exterior) 6207 square feet
Total Finished Area 6207 sqft
Type Multi-Family
Land
Total Size Unknown

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