Property Details

1-6, 321-323 6 Avenue E
Hanna (A2336073)

$445,000
3,024 ft²
Note: This property may have a conditional offer. Talk to us for details.
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

This well-built 6-plex offers investors and owner-occupants a rare opportunity to acquire a stable, income-generating asset in the quiet community of Hanna, Alberta. Built in 1976 on a durable poured concrete foundation with a tar and gravel roof (recently inspected), the building features six two-bedroom units, each offering 1,008 square feet of living space across two levels, with three distinct floor plans: matching layouts in the two corner units, mirrored layouts in the opposite corner units, and a separate layout shared by the two centre units. Every unit has its own private entrance and balcony, and the building includes 6 stoves, 5 refrigerators, 5 washers, 6 dryers, and off-street parking for tenants. Some units have received recent updates. With 4 of 6 units currently rented and generating steady cash flow, this is an excellent opportunity for an investor looking to acquire a partially performing asset with room to increase income by leasing up the remaining units, or for an owner-occupant looking to live in one unit while offsetting their mortgage with rental income from the rest. Note that one unit has water damage resulting from a frozen water line and will require repair; buyers should factor this into their offer and are encouraged to complete their own due diligence and inspection. Call today to book a showing or request more information. (Pictures of interior of some units to follow shortly.)

Property details

Basic Info

MLS® #
A2336073
Property Type:
Multi-Family
Subtype:
Apartment
Subdivision:
NONE
Price
$445,000
Sale/Lease:
For Sale
Size:
3,024 sq.ft.
Year Built:
1976 (50 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A
Appliances:
See Remarks

Lot / Land Info

Zoning:
R3

Listing Info

Possession:
Negotiable
Days on Market:
76
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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