Property Details
5607 43 Street
Lloydminster (A2329745)
Description
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.
Property details
- MLS® #
- A2329745
- Property Type:
- Multi-Family
- Subtype:
- 4 plex
- Subdivision:
- Southridge
- Price
- $449,900
- Sale/Lease:
- For Sale
- Size:
- 1,237 sq.ft.
- Year Built:
- 1970 (56 years old)
- Structure Type:
- Four Plex
- Building Style:
- Bungalow
- Garage:
- Yes
- Parking:
- Double Garage Detached
- Fence:
- Fenced
- Basement:
- Full
- Features:
- Open Floorplan, See Remarks
- Inclusions:
- Alarm System Owned
- Appliances:
- Built-In Refrigerator, Central Air Conditioner, Dishwasher, Garage Control(s), Microwave, Microwave Hood Fan, Range Hood, Stove(s), Washer/Dryer, Window Coverings
- Laundry:
- In Basement
- Nearby Amenities:
- Schools Nearby
- Lot Size:
- 0 acres
- Lot Features:
- Lawn, Rectangular Lot, Treed
- Zoning:
- MDR
- Roof:
- Asphalt Shingle
- Exterior:
- Vinyl Siding,Wood Frame
- Floors:
- Carpet, Tile, Vinyl Plank
- Foundation:
- Poured Concrete
- Heating:
- Floor Furnace, Natural Gas
- Cooling:
- Central Air
- Amenities:
- Schools Nearby
- Possession:
- Negotiable
- Days on Market:
- 8
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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