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Home AB Division No. 7 Provost No. 52
1-7, 205 Reed Avenue
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1-7, 205 Reed Avenue $439,900
$439,900
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1-7, 205 Reed Avenue
Hayter, Alberta T0B1X0

MLS® Number: A2257846

Listing Description

Multi-Unit Investment Opportunity – Located just 1 hour south of Lloydminster, this fully occupied multi-family complex is an excellent revenue property. The building features 7 units with a total of 10 bedrooms, offering strong rental demand in the region. The Main Floor Units feature 4 one-bedroom suites, each with private access to a spacious wrap-around deck leading to the exterior parking area. The Lower Level units feature 3 two-bedroom suites, providing comfortable layouts ideal for long-term tenants. All suites are equipped with a kitchen, living room, and full 4-piece bathroom, with convenient access to shared laundry facilities. Additional highlights include electrified exterior parking and the advantage of an on-site property manager who oversees tenant move-ins/outs and building maintenance. Currently at full occupancy with a waiting list, this property provides consistent cash flow and serves a strong demand for affordable housing in Alberta’s oil patch. (31152269)

Property Summary

Property Type
Multi-family
Building Type
Apartment
Storeys
1
Community Name
Hayter
Subdivision Name
Hayter
Title
Freehold
Land Size
Unknown
Built in
1999
Annual Property Taxes
$2,647.36
Total Parking Spaces
10
Time on REALTOR.ca
85 days

Building

Interior Features
Appliances Included
Refrigerator, Range, Hood Fan
Building Features
Style
Attached
Neighbourhood Features
Community Features
Pets Allowed With Restrictions, Age Restrictions
Parking
Total Parking Spaces
10

Measurements

Square Footage
2200 sqft
Total Finished Area
2200 sqft

Land

Other Property Information
Zoning Description
R1
Data provided by: Pillar 9™
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