Catylist ID:
#30831623
| Catylist Listing ID: | 30831623 |
| Number of Units: | 16 Units |
| Building Size (RSF): | 15,918 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 33,393 SF |
| Sale Price: | $1,790,000 |
| Unit Price: | $111,875 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/2/2023 |
Overview / Comments
|
Offers to be submitted by Friday, February 3rd at 12pm (noon). Rare opportunity to purchase a one-owner investment property! These 2 – 8 plexes offer a total of 16 – 2 bedroom, 1 bathroom rental units, with laundry in every suite! The property features a shared 18 space parking lot, and 2 storage buildings that offer storage for every unit. One 8-plex building was built in 1978, and the other was newly built in 2022. Each building offers separately metered utilities for each unit, baseboard heat, a ductless air conditioning unit and appliances included. Contact your realtor for more info, financial information available upon request. 228 – 4th Ave SE, Altona – 8 units x 840 sq ft/unit (6,702 sq ft total) – Built in 1978 – 2 bedrooms, 1-4pc bathroom, laundry closet – 4 appliances included (fridge, stove, washer, dryer) – Each unit has baseboard heating and a ductless air conditioning unit – 2nd floor units only: each have a balcony, and a supplementary fan heater by the stairs 240 4th Ave SE, Altona – 8 units x 1,152 sq ft/unit (9,216 sq ft total) – Built in 2022 – 2 bedrooms, 1-4pc bathroom, laundry room – 5 appliances included (fridge, stove, dishwasher, washer, dryer) – Each unit has baseboard heating, a ductless air conditioning unit and HRV – Each unit has a balcony |
Attachments & Media
Additional Details
| Submarket/Township: | R35 |
| Tax ID/APN: | 58600.000 |
| Zoning: | RMD |
| Total Number of Buildings: | 2 |
| Parking Type: | Surface |
| Total Parking Spaces: | 18 |
| Heat Type: | Electricity |
| Heat Source: | Baseboard |
| Fuel: | Electric |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
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