$175,000
$184,900
5.4%For more information regarding the value of a property, please contact us for a free consultation.
1,420 SqFt
SOLD DATE : 04/09/2024
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $123
MLS® Listing ID A2098060
Sold Date 04/09/24
Style Other
Originating Board South Central
Year Built 1940
Annual Tax Amount $2,090
Tax Year 2023
Property Sub-Type 4 plex
Property Description
LOOK AT THIS CASHFLOW! If you are looking to begin your revenue property journey or live in one unit & pay down the mortgage rapidly, this unique property is a tremendous opportunity. Rental properties are extremely scarce in the area, with strong demand from workers in skilled trades, education & healthcare. This property was a conversion of a single family home & beauty parlour into 4 separate suites. 2 units with 2 bdrms + 2 units with 1 bdrm. Each unit separately heated; 1 gas meter, 1 water meter & 2 power meters. New 25 year shingles in 2017, 2 updated water heaters in 2018 & 2023. Basement 1 bdrm suite just extensively renovated with new bath, flooring & paint. 300 x 150 lot has single garage which could be rented. Ample parking spaces & potential for RV parking. This building could be a very unique specialty revenue property catering to snowbirds with RVS, healthcare professionals working at the nearby hospital & more. Property is zoned Residential. Please consult the Town of Bassano Land Use Bylaw for information about Residential Development Incentives, Zoning & Permitted Uses.
Location
Province AB
County Newell, County Of
Zoning R
Rooms
Basement Full
Interior
Heating Natural Gas, Space Heater
Flooring Carpet, Laminate, Linoleum
Appliance Refrigerator, Stove(s), Washer/Dryer
Exterior
Parking Features Off Street
Garage Spaces 1.0
Garage Description Off Street
Roof Type Asphalt Shingle
Total Parking Spaces 10
Building
Foundation Block
Architectural Style Other
Level or Stories One
Others
Restrictions None Known
Tax ID 57160764
Ownership Private
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