Courtesy of Jessica Lambert, Exp Realty
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(780)-803 - 0193Listing Description
Fully rented 4-plex located on a large double lot within walking distance to the downtown core. The property features two upper suites, each offering 2 bedrooms and 1 bathroom. The lower level includes one 1-bedroom, 1-bathroom suite and one 2-bedroom, 1-bathroom suite. A shared laundry area is available and offers future potential for tenant use. Over the past 8 years, the property has seen several key updates, including shingles, siding, and windows. Heating is provided by a single boiler system, and both hot water tanks were replaced in 2022. Tenants are responsible for their own power, while the owner pays for gas and water. Ample on-site parking provides space for two vehicles per unit. The building is fully occupied, with recent improvements already completed and no major upgrades currently anticipated. A solid investment opportunity offering steady rental income in a convenient central location. Some photos have been virtually staged.
Features
Refrigerator, Stove-Electric, Off Street Parking, On Street Parking, Closet Organizers
Amenities
Back Lane, Corner Lot, Flat Site, Landscaped, Playground Nearby.
Key Details
| MLS® Number: | E4494876 |
|---|---|
| Property Type: | Single Family |
| Building Type: | 4PLEX, Bi-Level |
| Building Size: | 1,725 SqFt |
| Year Built: | 1976 |
| Neighbourhood: | Lynalta |
| Zone: | Zone 80 |
| Lot Shape: | Rectangular |
| Exposure: | West |
| Parking Type: | Stall |
| Bedrooms: | 2 |
| Bathrooms: | 1 Full, 0 Half |
| Fireplace: | No |
| Heating Type: | Baseboard, Natural Gas |
| Flooring: | Ceramic Tile, Vinyl Plank |
| Exterior: | Wood, Vinyl |
| Roofing: | Asphalt Shingles |
| Construction: | Wood, Vinyl |
| Foundation: | Concrete Perimeter |
