For sale

Description

$2800 per month rental income plus Utilities paid by tenants. Great Rental Duplex, Side by Side, Two Units approximately 1000 sq ft each, very well maintained units comprising of two bedroom and one bathroom per unit, undeveloped basements with the potential to add further bedrooms and living space. Town would also support rezoning to a 4 plex. Centrally located in Sundre where rental properties are rare especially multi unit, this property is close to the police station and hospital and make great rentals for professionals moving to town. One unit is rented from Dec1st at $1500 plus utilities and has been professionally repainted with new flooring in the bedrooms, Sundre has a severe shortage of rental property and finding good tenants is easy in a small town. Other tenant currently pays $1300 plus all bills and this could easily be increased. Or buy this wealth builder, live in one side and rent the other !!!!Inside you will find bright open units with a large living and dining area, wood burning stove in one unit and fireplace in the other, patio doors out onto a small private deck. Each unit has two bedrooms and one 4 piece bathroom, Downstairs the basements are undeveloped but could easily be finished to add further bedrooms and a bathroom. They have fireplaces in the basement and large windows so would make comfortable additional living space.Outside is back lane access to a parking pad for each unit and a small easily maintained garden, fenced between the two units. These units face out onto Snake Hill Park and are easy walking distance to the hospital, schools and amenities. Sundre is a growing community with a ZERO Rental Vacancy Rate. The town is open to transforming the basements into suites but would need to follow all requirements and the property would need to be rezoned to R2. (id:51913)

Key Details

  Multi-Family
 2010.22 sqft

Price

$419,000

Property Features

  • MLS® Number A2126158
  • Price $419,000
  • Square Footage: 2010.22 sqft
  • Property Type: Multi-Family
  • Parking Space Total 4
  • Plan 5790jk
  • Total Buildings 1

Buildings

Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer Architectural Style Bungalow
Basement Development Unfinished Basement Type Full (unfinished)
Constructed Date 1975 Construction Material Poured Concrete
Construction Style Attachment Attached Cooling Type None
Exterior Finish Brick, Concrete, Vinyl Siding Fireplace Present Yes
Fireplace Total 4 Flooring Type Laminate, Linoleum, Vinyl
Foundation Type Poured Concrete Heating Fuel Natural Gas
Heating Type Forced Air Stories Total 1
Size Interior 2010.22 Sqft Total Finished Area 2010.22 Sqft
Type Multi-family

Parking

Other
Parking Pad

Land

Acreage No Fence Type Fence
Size Depth 33.51 M Size Frontage 18.28 M
Size Total Text Unknown Zoning Description R1

Agents and Offices

  • Sarah Kennedy
  • Office: Real Broker
Address

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