$1,550,000

House For Sale In Avondale, Grande Prairie, Alberta

$1,550,000

Property Information:

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.

Inclusions: 12 stoves , 12 fridges, washer dryer

Building Features:

  • Total Finished Area: 9648.00

Property Features:

  • Architectural Style: Multi Level Unit
  • Built in: 1969
  • Floor Space (approx): 9648.00 Square Feet
  • Heating: Boiler, Natural Gas
  • Levels: Multi Level Unit
  • Lot Size: 13939.00 Square Feet
  • Parking Features: Paved
  • Zoning: RM

Courtesy of: RE/MAX Grande Prairie

Data provided by: Grande Prairie & Area Association of REALTORS® 10106 102 St., Grande Prairie, Alberta T8V 2V7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved