Property Details

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Featured in:

Winners:

All, 1 3 Avenue SE
Falher (A2273664)

$450,000
2,400 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

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

Description

Investment opportunity with this 5-unit rental building located in the community of Falher. The property offers a well-balanced mix of unit sizes, making it attractive to a wide range of tenants. The building includes a 3-bedroom, 1-bathroom unit (Unit 1) that has seen several recent upgrades, including all new windows, new countertops, a new sink, and a new stove. Unit 2 is a 1-bedroom, 1-bathroom unit, while Units 3 and 4 each offer 2 bedrooms and 1 bathroom. Unit 5 is a 1-bedroom, 1-bathroom bachelor-style suite. Each unit is equipped with its own private laundry, a highly desirable feature that adds convenience for tenants and enhances rental appeal. With functional layouts, thoughtful updates, and solid rental income, this property presents a strong opportunity for investors seeking stable income. Conveniently located close to local amenities and services, this Falher rental building offers long-term value and excellent income potential. Book your showing today!

Property details

Basic Info

MLS® #
A2273664
Property Type:
Multi-Family
Subtype:
Apartment
Subdivision:
NONE
Price
$450,000
Sale/Lease:
For Sale
Size:
2,400 sq.ft.
Year Built:
1988 (37 years old)

Building Info

Structure Type:
High Rise (5+ stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
n/a
Appliances:
Refrigerator, Stove(s), Washer/Dryer
Outbuildings:
Shed

Lot / Land Info

Lot Size:
0.18 acres
Legal Land Desc:
4-78-21-W5
Zoning:
R3

Listing Info

Possession:
90 Days / Neg
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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