Now's your chance to own an income generating, residential 4 plex in Strathmore. The owners built the building in 2009 and have owned and managed it ever since and are now looking towards retirement. Strathmore has a thriving downtown area with Kinsmen park, it is walking distance to all the inner town amenities including a movie theatre, restaurants, drug store and even Town Hall is just around the corner. Featuring 4 - 2 Bedroom, 1 1/2 bath suites, each with it's own mechanical and laundry. You have some great long term tenants that are happy to stay. This 4 plex has been continually updated over the years upon tenant turnover and feature new water tanks just installed. The units are bright and sunny due to the large windows while the layouts are functional and take advantage of the great exposure. A short walk to schools, outdoor water park for kids in the summer and skating rinks in the winter. This is a great place for any perspective tenants. An R-3 zoning, with a 50 x 120 lot which has so much potential for income generation into the future. Out of respect for tenant rights and privacy, there is no sign or lockbox on site . Please do not approach - Call for any inquiries or to set up an appointment. Minimum 24 hrs. notice for appointments will apply.
Address
112 5 Avenue
List Price
$1,150,000
Property Type
Multi-Family
Type of Dwelling
4 plex
Style of Home
Bi-Level
Area
Strathmore
Sub-Area
Downtown_Strathmore
Floor Area
2,407 Sq. Ft.
Lot Size
6000 Sq. Ft.
Year Built
2009
MLS® Number
A2191627
Listing Brokerage
Real Estate Professionals Inc.
Basement Area
Finished, Full
Postal Code
t1p1b7
Zoning
R3
Site Influences
Back Lane, Fishing, Golf, Lake, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Pool, Street Lights, Tennis Court(s)