John Mattiello - 780-406-4000

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Multi-Family Commercial in Barrhead

$2,100,000.00
5221 47 Street - MLS® #: E4353431
  • (87)
  • 170
  • 98
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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John Mattiello
780-406-4000

Property Type

Multi-Family Commercial

Description

EXCEPTIONAL 21 unit Apartment building in the thriving Town of Barrhead, AB. This is the Quality High Return Revenue producing property you've been looking for in a low vacancy quality tenant community only 1 hr from Edmonton. Unrivaled among any comparable properties for it's Meticulously Maintained & Completely updated infrastructure inside & out. One of updates include a $120,000 plus Utility upgrade including High Efficiency Viessmann boilers & Electrical creating very important low operating cost for now & well into the future. 8 @ 2 Bdrm Townhouses, 2 @ 2 Bdrm, 10 @ 1 Bdrm plus Bachelor Suite. Spotless Laundry furnished w/ 3 sets of Commercial quality coin washers & dryers. This Building has been professionally owned & operated & updated w/ all the essentials for a complete No hassle, No major maintenance, No expense ease of management for the next 10+ yrs. High Quality Revenue Return, High Quality Structure, Long Term Tenants & High Quality Location. Increasing revenue w/ increasing rental rates

Property Details

Subarea
Barrhead

Lot
0

Year Built
1984

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Listing data last updated date: 2024-04-03 18:53:45

Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.

Listing Agent: Jeff Parsons

Brokerage: Sunnyside Realty Ltd