A-E, 51 Ingram Park Drive
Brooks, Alberta
MLS® A2336397
$625,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2336397
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1976
1 / 25Listing description
TURNKEY INVESTMENT OPPORTUNITY! This maintained fiveplex in Brooks offers an excellent opportunity to add a fully occupied, income-producing property to your portfolio. Built in 1976, the property features five 2-bedroom units, each equipped with a fridge, stove, washer and dryer.
The building is fully rented and generating approximately $63,000 in annual gross rental income, with tenants responsible for their own gas and power while the owner pays water. Recent improvements include some newer windows and an updated metal roof, providing added peace of mind and long-term value. Located directly beside a playground in the established Ingram Park neighbourhood, this property offers a convenient setting for tenants and strong rental appeal.
With five individual units, established tenancy, separate utility responsibility and recent exterior improvements, this is an attractive opportunity for investors seeking stable cash flow and long-term growth potential in Brooks. Fully rented. Strong income.
Established property. Excellent investment opportunity.
Property summary
- MLS® number
- A2336397
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 3,078 sq ft
- Built in
- 1976
- Annual property taxes
- $6,171.06
- Days on market
- 34 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
What would this home cost you?
Based on the $625,000 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 RE/MAX Main Street Realty, 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.