Exceptional opportunity to add a revenue-generating 4-plex to your investment portfolio! Located at 10113 106 Avenue in Grande Prairie, this recently updated multi-family property offers four self-contained units each with separate utilities, providing excellent income potential and strong long-term value. The main floor offers a spacious living room, large storage room, 1/2 bath, and nice open kitchen and dining with patio door to deck. There are 3 bedrooms in the basement, as well as a full bathroom and a laundry/utility room. Parking is at the back with access from the rear lane. There's also parking on the street at the front. The units have all been updated recently and have newer appliances. Some hot water tanks have been replaced and the furnaces have been regularly serviced. The shingles were replaced last year.
Situated close to downtown, schools, parks, shopping, restaurants, public transit, and everyday amenities, tenants will appreciate the convenience of this central location. The property also offers quick access to major roadways, making commuting throughout the city simple and efficient. Nearby recreational opportunities, including Muskoseepi Park and its extensive trail system, add to the area's appeal.
Whether you're expanding your portfolio or looking to live in one unit while generating rental income from the others, this versatile property presents endless possibilities. A solid investment in a high-demand rental market with excellent cash flow potential.
*Each unit is the same, photos and layout are of one unit with dimensions and rooms for reference*
Address
101,102,103,104, 10113 106 Avenue
List Price
$880,000
Property Type
Residential
Type of Dwelling
Row/Townhouse
Style of Home
Bi-Level
Transaction Type
Sale
Area
Grande Prairie
Sub-Area
Avondale
Bedrooms
3
Bathrooms
2
Floor Area
2,625 Sq. Ft.
Lot Size
8276 Sq. Ft.
Year Built
2002
MLS® Number
A2331487
Listing Brokerage
RE/MAX Grande Prairie
Basement Area
Full
Postal Code
T8V 1J9
Zoning
RT
Site Influences
Back Lane, None