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Royal LePage
Royal LePage
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$439,900

Grande Prairie AB, T8V 1C1

MLS® # A2236685

Property Information:

Incredible Opportunity to own a 4 plex for 450k, that’s only 113k per door and to sweeten the deal its fully rented and cash flowing! This unique 4plex conversion has an Upper 3 bedroom space, two 1 bedroom basement suites a 2 story LOFT Suite! This Place has amazing parking with a front driveway and a massive gravel parking pad in the back, which is accessed through the alley. "A" basement suite is paying 800 per month, B basement suite is paying $800 per month, loft suite is paying $1050 per month and the Main floor is paying $1250 per month, tenants pay their own electricity, cable , telephone and tenant insurance. Owner pays water/sewer/garbage. There is a common area laundry room with coin operated washer and dryer that produces additional income of $100-$200 per month. Invest and rent? Create 4 Air BnB’s ? Or move into one of the suites and retire and let the other 3 tenants pay your mortgage! The side hustle options for the place are endless! (inside photos from when vacant in the past)

Inclusions: None

Building Features:

  • Total Finished Area: 1462.00

Property Features:

  • Architectural Style: Bungalow
  • Built in: 1955
  • Construction Materials: Concrete, Wood Frame
  • Floor Space (approx): 1462.00 Square Feet
  • Flooring: Carpet, Vinyl
  • Foundation Details: Poured Concrete
  • Heating: Baseboard, Floor Furnace, Natural Gas
  • Zoning: RT
  • No. of Parking Spaces: 6

Courtesy of: Sutton Group Grande Prairie Professionals

Data provided by: Grande Prairie & Area Association of REALTORS® 10106 102 St., Grande Prairie, Alberta T8V 2V7
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 10120 103 Avenue, Grande Prairie, AB, T8V 1C1

Demographic Information of 10120 103 Avenue, Grande Prairie, AB, T8V 1C1

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,274.50

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.35 %

High school certificate or equivalent

38.59 %

Apprenticeship trade certificate/diploma

11.18 %

College/non-university certificate

13.45 %

University Degree

17.42 %

Commuter

Travel To Work

By Car

80.54 %

By Public Transit

0.04 %

By Walking

12.82 %

By Bicycle

0.0 %

By Other Methods

6.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

60.56 %

Houses

39.44 %

Own Vs. Rent

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