#5129 46 StreetBarrhead, Alberta T7N 1H8

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Courtesy of Kim Martin, RE/MAX Results

Listing Description

This WELL-MAINTAINED 4-PLEX consists of Three 2-bdrm 967 sqft units plus ONE 1-bdrm 867 sqft unit, offering a great investment opportunity. Upgrades and Improvements have been made over the years as necessary, including: Metal roof (2009), 2 lower furnaces (approx 2005) and 60-gal h/w tank, PVC windows, vinyl siding (2009), dusk-to-dawn lighting for both front & back. Each unit has separate power meter, with power to outdoor parking stall. Gas/water/sewer is paid by the landlord and is included in the rent. The common laundry room has newer commercial-grade W&D (2021). When the 3 adjoining townhomes were built in 2009, a new concrete firewall was constructed between them and the 4-plex. Pets are generally not allowed but exceptions have been made. Taxes estimated at $4600 and insurance estimated at $3000 based on a similar 4-plex that the seller owns. Rents average approx $800/month and have not been raised for well over a year, and all tenants are on month-to-month leases.

Features

Dryer, Refrigerator, Stove-Electric, Washer, See Remarks, Deck

Amenities

Corner Lot, Landscaped, Schools, Shopping Nearby, See Remarks.