1-6, 10709 108 Avenue

Multi Family For Sale in Other, Fairview

$750,000
Your chance to become a commercial owner of a METICULOUSLY maintained 6-plex in a city with LIFT potential as Alberta continues to set migration records. Rental market in Fairview is extremely busy right now! This property is currently rented as an adult only/pet restricted building, with all units generating $1150/month + utilities as of September 1st, 2024. If you are looking for a solid building to park your money, there is no better property in terms of build quality and current condition than this one. This property is listed at $50,000 below appraised value... PER UNIT! Each unit has an above ground one-car garage, amazing sound proofing, and HVAC/laundry in-unit. Enjoy gas fireplaces, balcony's on each unit, open-concept, stainless appliances, and master ensuites. 3 units are 2 bed, 2 bath, and 3 units are 1 bed 1 den, 2 bath. Condo fees are $300/month and cover security, water, sewer, garbage, lawn care, exterior maintenance, and reserve fund contribution. The building has 30 year shingles! Fairview is a community that hosts 3 schools, a polytechnic university, hospital, seniors lodge and much more. All apartments are rented with the exception of one for showing purposes. Measurements are as per Condo documents. This is an attractive investment at $6900/month gross rent + utilities on a $750,000 purchase price.
Address 1-6, 10709 108 Avenue
List Price $750,000
Property Type Commercial
Type of Dwelling Multi Family
Area Fairview
Sub-Area Other
Year Built 2009
MLS® Number A2142844
Listing Brokerage Grassroots Realty Group Ltd.
Postal Code T0H 1L0
Zoning C-1 Residential Condomini

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RE/MAX Complete Realty Okotoks

RE/MAX Complete Realty Okotoks

29A Elizabeth St Okotoks Alberta T1S 1B1

Office: 403-407-2017

office@remaxcompleterealty.ca