437 3 Avenue
Bassano, Alberta
MLS® A2309383
$415,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2309383
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1975
1 / 42Listing description
Centrally located in the lovely community of Bassano, this well maintained 4 unit multi-family property offers an excellent investment opportunity with stable rental income and low management complexity. Designed in a row style layout, each 1-bedroom suite features a functional floorplan complete with a kitchen, living room, bedroom, full bathroom, in-suite laundry with washer and dryer, plus a dedicated utility room. A covered rear patio spans the full width of the building, providing tenants with added privacy, outdoor enjoyment, and shelter from the elements.
Individually metered gas and power make utility management simple, with tenants responsible for their own usage. Current rental income is $725/month per unit. The property has been consistently cared for over the years and offers an attractive setup for both seasoned investors and those looking to expand their portfolio.
The seller currently covers town water and sewer, property taxes, and insurance. This is a solid income-producing property in a convenient location close to amenities and services.
Property summary
- MLS® number
- A2309383
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 2,356 sq ft
- Title
- Freehold
- Land size
- 697.21 square meters
- Built in
- 1975
- Annual property taxes
- $3,675.27
- Parking
- 5 spaces · Other
- Days on market
- 131 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Crawl space
- Appliances
- Refrigerator, Stove, Window Coverings, Washer & Dryer
- Community features
- Golf Course Development
- Architectural style
- Bungalow
What would this home cost you?
Based on the $415,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Real Estate Centre, Brooks.
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.