10008 A&B 99 Street , Morinville

3 Bed / 8 Bath / $795,000 / MLS® Listing #:E4182623

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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%

Property Details

Area Sturgeon
Property Type 4PLEX
Property Style 2 Storey
Lot Shape Rectangular
Square Feet 5035.83
Days On Our Website 51
Basement Full - Partly Finished
Rooms 6
Full Baths 4
Half Baths 4
Flooring Carpet,Ceramic Tile,Laminate Flooring
Heating Forced Air-1
Construction Type Wood Frame
Exterior Stucco
Roof Type Asphalt Shingles
Foundation Concrete
Garages 0
Parking Type Stall

Landscaped,Schools,Shopping Nearby,Partially Fenced

Listing Office: RE/MAX Real Estate

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