Tom Shields Realty Inc.

Property Management & Real Estate

Multi-Family For Sale - Apartment - $1,550,000

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#- -, 10204 106 Avenue
Grande Prairie, Alberta

MLS® Number: A2038184
List Price: $1,550,000
Days on Market: 379 days
Type: Apartment
Style: Multi Level Unit
Subdivision: Avondale
Heating: Boiler,Natural Gas
Listing Office: RE/MAX Grande Prairie

Attention Investors! This is a rare opportunity to acquire a well-maintained twelve-unit multi-family apartment building situated in the heart of Grande Prairie. The building enjoys a central location and boasts long-term tenants, making it a sound investment. The property offers convenient amenities such as coin-operated washer and dryer units and a new boiler system, providing additional value for tenants. The building is also conveniently located near schools and Muskoseepi Park. With a range of rental rates from $850 for a 1-bed unit to $1,250 for a 2-bed unit, the property generates a total gross income of $13,400 per month. The owner has self-managed the property, ensuring it is well-cared for and individual units have been updated as necessary. This property rarely has vacancies, making it a secure long-term investment opportunity. Call your Commercial Realtor© for more information or to book a showing today.

Details

County / Parish: Grande Prairie
Days on Market: 379
Legal Plan: 1061AE
Parking Features: Paved
Year Built: 1969
Architectural Style: Multi Level Unit
Levels: Multi Level Unit
Restrictions: None Known
Zoning: RM

Tom Shields Realty Inc.

Property Management & Real Estate

Multi-Family For Sale - Apartment - $1,550,000

Contact a Realtor

#- -, 10204 106 Avenue
Grande Prairie, Alberta

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Contact a Realtor

#- -, 10204 106 Avenue Grande Prairie, Alberta

#- -, 10204 106 Avenue
Grande Prairie, Alberta