4,037 ft²Multifamily$1,850,000Sale
4,037 ft²
Multifamily
$1,850,000
Sale
Robert Lebosquain
CIR REALTY
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This well-maintained property is a staple of the community since 1975. Marries classic architecture with modern updates. Currently, it is fully rented. One unit is under lease until May 2025. All other units are on a month-to-month basis. The landlord pays for the water, sewer, and garbage removal. The tenants pay for the electricity and gas.
The Space
Asking Price$1,850,000
Available Space4,037 ft²
Floor2
Net Operating Income$100200.00
Property UseMulti family
MLS® IDA2158527
Cap Rate5.4%
SourceDirect
The Building
Property TypeMultifamily
Building Size4,037 ft²
Lot Size0.26 AC
Parking Spaces7
Up to $500K for Alberta businesses
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