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Renanza Realty
For sale

1-12, 104 1 Street E

Brooks, Alberta

MLS® A2353642

$1,500,000

Status
Active
Property type
Multi-family
MLS® number
A2353642
Bedrooms
—
Bathrooms
—
Year built
1970

Listing description

12 unit Multi-Family Apartment FOR SALE! This could be the next profitable asset to add to your investment portfolio or your first endeavor into multifamily ownership. Each unit has 2 bedroom, a fridge and stove.

Coin operated washer and dryer in the basement. Detached 368 sqft garage for storage. This building in Brooks, has generated good income.

The building has been well cared for over the years. 3 units are currently vacant and being renovated. A projected rent roll over $100K could make this a opportunity.

With Vacancy rates extremely low in Brooks you are generating good cashflow out of the gate.

Property summary

MLS® number
A2353642
Property type
Multi-family
Building type
Apartment
Size
6,054 sq ft
Title
Freehold
Built in
1970
Annual property taxes
$7,365.84
Parking
12 spaces
Days on market
12 days

Features & details

Heating
Baseboard heaters
Architectural style
Multi-level

What would this home cost you?

Based on the $1,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,979 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE COMMUNITY REALTY, MEDICINE HAT.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.