$1,375,000
 $7,381 est/mo Sourced by Back At You

11-14, 21-24, 31-34, 4932 48 Street , Rocky Mountain House, AB T4T1R1

Rocky Mountain House, AB T4T1R1

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Description

Welcome to this fantastic investment opportunity in the heart of Rocky Mountain House, Alberta. This well-maintained 12-plex apartment building is fully occupied, offering a stable and reliable income stream for the savvy investor. Located in a desirable neighborhood in Rocky Mountain House, residents enjoy walkable access to local amenities, including schools, parks, shopping, and medical facilities. The low-rise apartment building features 12 units, each thoughtfully designed for comfortable living. There are eleven 2-bedroom suites, and one 1-bedroom suite. All suites have 1 electric fridge and stove/oven. There is a coin operated washer and dryer in the basement for all tenants to use. Each tenant as an assigned off-street parking stall with metered power. The building has had regular interior/exterior maintenance/upgrades, this includes the following: In 2008 rubber membrane roof, upper aluminum siding, all decks resurfaced with new railings installed, west side units the sliding patio doors were replaced with garden doors, in 2015 all exterior windows replaced, 2016 entrance doors replaced. All 12 units have had some renovations, as time permitted between tenants (paint, flooring, lighting, electrical plug, switches etc...) 2010 all units had counter tops replaced in Kitchens and bathrooms, appliances have been replaced as required, all building locks have been replace with a coded master lock system, in 2020 the building intercom and door lock system was upgraded, all hallway and common area lighting upgraded to LED, and lastly plumbing repairs have been completed as required. This property offers a good rate of return with reliable established tenants. (id:13843)

Details

MLS#A2149780
Listing TypeFor Sale
StyleTown House
StatusActive
Year1977
Days On Site190
Listing Provided ByRE/MAX real estate central alberta | Kimberly McDonald

Features

SQ Feet7,210
Story(s)3
ZoningMedium Density Rsidential (RM)
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Learn More About This Property

StateAB
CityRocky Mountain House
Zip CodeT4T1R1
Community NameRocky Mtn House
Listing VS Median (in Rocky Mtn House)
Price:
$1,375,000
low | high
Med:
$285,500
100% of Average
SqFt:
7,210
low | high
Med:
948
100% of Average
$ / SqFt:
$191
low | high
Med:
$301
7.917529727656% of Average
On Site:
190
low | high
Med:
120
100% of Average
Sourced by Back At You
Listing Updated: January 20, 2025 at 3:21:30 PM PST