Incredible Opportunity to own a 4 plex for 450k, that’s only 113k per door and to sweeten the deal its fully rented and cash flowing! This unique 4plex conversion has an Upper 3 bedroom space, two 1 bedroom basement suites a 2 story LOFT Suite! This Place has amazing parking with a front driveway and a massive gravel parking pad in the back, which is accessed through the alley. "A" basement suite is paying 800 per month, B basement suite is paying $800 per month, loft suite is paying $1050 per month and the Main floor is paying $1250 per month, tenants pay their own electricity, cable , telephone and tenant insurance. Owner pays water/sewer/garbage. There is a common area laundry room with coin operated washer and dryer that produces additional income of $100-$200 per month. Invest and rent? Create 4 Air BnB’s ? Or move into one of the suites and retire and let the other 3 tenants pay your mortgage! The side hustle options for the place are endless! (inside photos from when vacant in the past)
Address
10120 103 Avenue
List Price
$449,900
Property Type
Multi-Family
Type of Dwelling
4 plex
Style of Home
Bungalow
Transaction Type
sale
Area
Grande Prairie
Sub-Area
Avondale
Floor Area
1,462 Sq. Ft.
Year Built
1955
MLS® Number
A2236685
Listing Brokerage
Sutton Group Grande Prairie Professionals
Basement Area
Full, Suite
Postal Code
T8V 1C1
Zoning
RT