All, 1 3 Avenue SE
Falher, Alberta
MLS® A2273664
$450,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2273664
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1988
1 / 45Listing description
Investment opportunity with this 5-unit rental building located in the community of Falher. The property offers a well-balanced mix of unit sizes, making it attractive to a wide range of tenants. The building includes a 3-bedroom, 1-bathroom unit (Unit 1) that has seen several recent upgrades, including all new windows, new countertops, a new sink, and a new stove.
Unit 2 is a 1-bedroom, 1-bathroom unit, while Units 3 and 4 each offer 2 bedrooms and 1 bathroom. Unit 5 is a 1-bedroom, 1-bathroom bachelor-style suite. Each unit is equipped with its own private laundry, a highly desirable feature that adds convenience for tenants and enhances rental appeal.
With functional layouts, thoughtful updates, and solid rental income, this property presents a strong opportunity for investors seeking stable income. Conveniently located close to local amenities and services, this Falher rental building offers long-term value and excellent income potential. Book your showing today!
Property summary
- MLS® number
- A2273664
- Property type
- Multi-family
- Building type
- Apartment
- Square footage
- 2,400 sq ft
- Title
- Freehold
- Land size
- 7780 square feet
- Built in
- 1988
- Annual property taxes
- $5,910.00
- Parking
- 4 spaces
- Days on market
- 262 days
Features & details
- Appliances
- Refrigerator, Stove, Washer & Dryer
What would this home cost you?
Based on the $450,000 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 Sutton Group Grande Prairie Professionals, Grande Prairie.
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.