About 4803 61a Street
RARE INVESTMENT OPPORTUNITY! A strong rental market with rising rents make this a perfect time to add to your portfolio or start investing. Fully rented...This very well kept 4-plex has four 3-bedroom suites and many upgrades over time. The exterior of the building has been sided with hardy plank , eves troughs replaced in 2021, most of the windows have been replaced, kitchens/flooring/appliances have all been updated over time. The upper suites have large decks. The parking pad is paved and in good condition. The roof is a torch on membrane. The upper suites have forced air furnace heating and the lower suites have hot water radiant heating supplied by a boiler. Upper suites pay their own gas and power and lower suites pay their own power. Suites are rented for $1300/month each. 7% Cap rate.
Features of 4803 61a Street
| MLS® # | A2175120 |
|---|---|
| Price | $498,500 |
| Bathrooms | 0.00 |
| Square Footage | 1,990 |
| Acres | 0.00 |
| Year Built | 1976 |
| Type | Multi-Family |
| Sub-Type | 4 plex |
| Status | Active |
Community Information
| Address | 4803 61a Street |
|---|---|
| Subdivision | NONE |
| City | Stettler |
| County | Stettler No. 6, County of |
| Province | Alberta |
| Postal Code | T0C 2L1 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Driveway, Off Street, Parking Pad, Paved, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laminate Counters, Vinyl Windows |
|---|---|
| Appliances | Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings |
| Heating | Boiler, Forced Air |
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Private Entrance, Private Yard |
|---|---|
| Roof | Membrane |
| Construction | Concrete, Wood Frame |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | October 25th, 2024 |
|---|---|
| Days on Market | 31 |
| Zoning | T2R0 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RCR - Royal Carpet Realty Ltd. |
|---|