Property Details

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10300 105 Avenue
Fairview (A2288322)

$395,000
2,285 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

Excellent Investment Opportunity — 4-Plex with Cash Flow! PURCHASE WITH ONLY 10% DOWN! Rare opportunity to offset your mortgage or potentially live rent-free by occupying one unit and renting the other three. This well-maintained 4-plex offers solid revenue with long-term tenants already in place and very low vacancy. The property features four fully self-contained units, each with separate meters and utilities paid by tenants. Two front units offer approximately 800 sq. ft. with 3 bedrooms and 1.5 bathrooms, while the two rear units are approximately 700 sq. ft. with 2 bedrooms and 1 full bathroom. All units include their own in-suite laundry for added tenant convenience. The front 3-bedroom units currently rent for $975/month each, while the rear 2-bedroom units rent for $850/month each, generating $3650 a month in total rental income. The up/down layout places bedrooms on the lower levels, creating functional and appealing living spaces that are attractive to renters. The building has been well maintained and all units are in excellent condition. Located close to schools and playgrounds, this property is ideal for investors or owner-occupants looking to build equity while generating income. THIS PROPERTY IS FOR SALE ONLY.. THE SELLER WILL NOT VENDOR FINANCE!

Property details

Basic Info

MLS® #
A2288322
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
NONE
Price
$395,000
Sale/Lease:
For Sale
Size:
2,285 sq.ft.
Year Built:
1980 (46 years old)

Building Info

Structure Type:
Four Plex
Garage:
No
Parking:
Off Street, Parking Pad
Fence:
Basement:
Full
Features:
Ceiling Fan(s), Laminate Counters, No Smoking Home, Open Floorplan
Inclusions:
Shed
Appliances:
Refrigerator, Stove(s), Washer/Dryer
Laundry:
In Unit, Laundry Room, Multiple Locations
Exterior Features:
Rain Gutters, Storage
Patio/Porch Features:
Deck
Outbuildings:
Shed

Lot / Land Info

Lot Size:
0.20 acres
Lot Features:
Back Yard, Landscaped, Lawn, Level
Water:
Public
Sewer:
Public Sewer
Utilities:
Electricity Connected, Natural Gas Connected, Fiber Optics Available, Garbage Collection, High Speed Internet Available, Sewer Connected, Water Connected
Zoning:
R1

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Floors:
Laminate, Linoleum
Foundation:
Wood
Heating:
Natural Gas

Listing Info

Possession:
Negotiable
Days on Market:
6
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Grassroots Realty Group Ltd.
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