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Home AB Stettler
4803 61A Street
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4803 61A Street $498,500
$498,500
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4803 61A Street
Stettler, Alberta T0C2L1

MLS® Number: A2175120

Listing Description

RARE INVESTMENT OPPORTUNITY! A strong rental market with rising rents make this a perfect time to add to your portfolio or start investing. Fully rented...This very well kept 4-plex has four 3-bedroom suites and many upgrades over time. The exterior of the building has been sided with hardy plank , eves troughs replaced in 2021, most of the windows have been replaced, kitchens/flooring/appliances have all been updated over time. The upper suites have large decks. The parking pad is paved and in good condition. The roof is a torch on membrane. The upper suites have forced air furnace heating and the lower suites have hot water radiant heating supplied by a boiler. Upper suites pay their own gas and power and lower suites pay their own power. Suites are rented for $1300/month each. 7% Cap rate. (29756917)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Title
Freehold
Land Size
Unknown
Built in
1976
Annual Property Taxes
$2,555.21
Parking Type
Other, Parking Pad
Time on REALTOR.ca
58 days

Building

Interior Features
Appliances Included
Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings, Washer & Dryer
Flooring
Carpeted, Linoleum
Building Features
Features
PVC window
Foundation Type
Poured Concrete
Construction Material
Poured concrete, Wood frame
Structures
Deck
Heating & Cooling
Cooling
None
Heating Type
Forced air
Exterior Features
Exterior Finish
Concrete
Parking
Parking Type
Other, Parking Pad
Total Parking Spaces
5

Measurements

Square Footage
1990 sqft
Total Finished Area
1990 sqft

Land

Lot Features
Frontage
18.29 m
Land Depth
35.36 m
Other Property Information
Zoning Description
T2R0
Data provided by: Pillar 9™

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