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Royal LePage
Royal LePage
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$495,000

Brooks AB, T1R 0C8

MLS® # A2274968

Property Information:

Excellent fourplex investment opportunity in Brooks. This well maintained revenue property features four bi level units, each offering two bedrooms and a functional layout that appeals to long term tenants in the local rental market. The property has seen several key capital improvements over the years, including updated windows, some furnaces, and some hot water tanks. A major upgrade was also completed with the installation of a truss roof system, replacing the original flat roof and adding long term durability and peace of mind for future ownership. The fourplex currently generates $4,075 per month in gross rental income, with upside potential through future rent adjustments. With strong tenant demand for two bedroom units in Brooks, this property presents a solid opportunity for investors looking to add stable cash flow to their portfolio. Whether you are an experienced investor or looking to enter the multi family market, 1023 Cassils Road West offers a combination of location, improvements, and income potential that is hard to find.

Inclusions: 4 Fridge, 4 stove

Building Features:

  • Total Finished Area: 1760.00

Property Features:

  • Architectural Style: Bi-Level
  • Built in: 1976
  • Construction Materials: Concrete, Vinyl Siding, Wood Frame
  • Floor Space (approx): 1760.00 Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Foundation Details: Poured Concrete
  • Heating: Central, Forced Air, Natural Gas
  • Lot Size: 8993.00 Square Feet
  • Parking Features: Alley Access, Off Street
  • Roof: Asphalt Shingle
  • Zoning: R-HD
  • No. of Parking Spaces: 8

Courtesy of: CIR REALTY

Data provided by: REALTORS® Association Of South Central Alberta Box 997, Brooks, Alberta, T1R 1B8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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⚠ Potential Investment Performance

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Location of 1023 Cassils Road WEST, Brooks, AB, T1R 0C8

Demographic Information of 1023 Cassils Road WEST, Brooks, AB, T1R 0C8

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$109,861.22

Average Number of Children

2.17

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

30.3 %

High school certificate or equivalent

36.42 %

Apprenticeship trade certificate/diploma

8.26 %

College/non-university certificate

11.94 %

University certificate (below bachelor)

0.66 %

University Degree

12.41 %

Commuter

Travel To Work

By Car

92.67 %

By Public Transit

0.0 %

By Walking

3.56 %

By Bicycle

0.0 %

By Other Methods

3.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.03 %

Houses

88.97 %

Own Vs. Rent

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