$439,900

Investment For Sale In Lloydminster, Alberta

$439,900

Property Information:

Exceptional multi-family investment opportunity on the Alberta side of Lloydminster! This well-maintained property features a spacious three-bedroom, two-bathroom main floor suite, along with three additional self-contained rental units in the basement, including one one-bedroom suite and two bachelor suites with kitchenettes. Built in 1970, this quality-constructed building has been well cared for and updated over the years with newer windows, updated flooring, fresh paint, new closet doors, modern light fixtures, upgraded electrical servicing, plus many more improvements throughout.The property also offers a double detached garage, convenient back alley parking, main floor laundry for the upper suite, and a separate shared laundry area for the basement tenants. A lawn care and snow removal contract is already in place, making ownership even more convenient. With reliable tenants already in place, this is an excellent opportunity for investors seeking strong cash flow. Alternatively, live in the spacious upper suite while the rental income from the lower units helps offset your mortgage, or rent the entire building to maximize your return on investment. A versatile income-producing property with plenty of upside in a desirable Alberta location.

Inclusions: Alarm System Owned

Building Features:

  • Air Conditioning: Yes
  • Total Finished Area: 1237.00 Square Feet

Property Features:

  • Architectural Style: Bungalow
  • Built in: 1970
  • Construction Materials: Vinyl Siding, Wood Frame
  • Cooling: Central Air
  • Floor Space (approx): 1237.00 Square Feet
  • Flooring: Carpet, Tile
  • Foundation Details: Poured Concrete
  • Heating: Floor Furnace, Natural Gas
  • Interior Features: Open Floorplan, See Remarks
  • Lot Size: 6492.00 Square Feet
  • Parking Features: Double Garage Detached
  • Roof: Asphalt Shingle
  • Zoning: MDR
  • No. of Parking Spaces: 5

Courtesy of: Royal LePage Musgrave Agencies

Data provided by: REALTORS® Association of Lloydminster & District 5009 48 St., Lloydminster, Alberta T9V 0H7
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