John Mattiello - 780-406-4000
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Single Family in Bonnyville Town
- 183
- 203
8 Bedrooms
2.2 Bathrooms- - Sq Ft
Property Type
Single Family
Description
Attention Investors! 6 buildings/12 units available as a package. Located adjacent to each other, on a tree lined street, across from park and Jessie Lake and equally close to shops and restaurants. These units have performed at near full capacity for the last 10 years due to the strong demand for multi-bedroom units with a yard. 3 and 4 bedroom units (40 bedrooms total over all 6 buildings) available with many recent upgrades to some units including flooring, kitchens, paint, shingles and eves troughs (all buildings), some vinyl windows(all buildings 2nd floor, all buildings large front windows and some entrance doors and kitchen windows) and furnaces(all units). All sewer lines to the buildings have been replaced when the street sewer was replaced. Currently rented between $1000 and $1400 per side (depending on upgrades and number of bedrooms) with a cap rate of 7.26% for the entire portfolio (full proforma available)
Property Details
Subarea
Bonnyville
Exterior Finish
Stucco,Wood
Year Built
1970
Basement
Full
Basement Dev.
Unfinished
Flooring
Laminate Flooring,Linoleum
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Listing data last updated date: 2024-04-12 20:38:11
Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.
Listing Agent: Cori Ferguson
Brokerage: Royal Lepage Northern Lights Realty