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Courtesy of Glen Good of RE/MAX Real Estate
$795,000
10008 A&b 99 Street, Morinville, AB
3 Beds
5 Baths
5,035 sqft

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Investor Alert! Here is a great investment opportunity in downtown Morinville. Building with four rental units, all units are 3 bedroom - 2 bathroom units with fully partially finished basements. Updates included newer windows, newer shingles, new kitchens in two units, one unit freshly undated with flooring, paint, kitchen, baseboards, trim and lighting. This updated unit can be easily viewed by appointment. The building is approx. 5075 square feet and each 3 bedroom unit has approx. 1268 sq feet of living space. The lot is 11,874 square feet with driveway parking, two units with fenced yards. Close to shopping, schools and churches. With all 4 units rented, gross income approx. $60k per year with a cap rate of 6.35%
  • Price:
  • $795,000
  • Bedrooms:
  • 3
  • Full Baths:
  • 4
  • Half Baths:
  • 4
  • Square Footage:
  • 5,035
  • Year Built:
  • 1978
  • Listing ID #:
  • E4182623
  • Street Address:
  • 10008 A&b 99 Street
  • City:
  • Morinville
  • Province:
  • Alberta
  • Community:
  • None
  • Listing Status:
  • Active
  • Amenities:
  • Detectors Smoke, Laundry-In-Suite, Vinyl Windows
  • Basement Description:
  • Partly Finished
  • Building Faces:
  • South
  • Construction Description:
  • Wood Frame
  • Flooring:
  • Carpet, Ceramic Tile, Laminate Flooring
  • Foundation:
  • Concrete
  • Green Certification Rating:
  • Standard - <81% Efficiency
  • Style:
  • 2 Storey
  • Total Building Square Footage:
  • 5035
  • Type Of Roof:
  • Asphalt Shingles
  • Year Built:
  • 1978
  • Conforms To Zoning:
  • Zone 61
  • Lot Features:
  • Landscaped, Schools, Shopping Nearby, Partially Fenced
  • Lot Shape:
  • Rectangular
  • Road Access:
  • Paved
  • Parking Description:
  • Stall
  • Parking Spaces:
  • 2
  • Heating:
  • Forced Air-1
  • Heating Fuel:
  • Natural Gas
  • Courtesy of Glen Good of RE/MAX Real Estate

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