Multi-Family $ 410,000

205 Reed AVE #1-7

Hayter, AB T0B1X0

  • 2,200 SqFt
  • 1999 Year Built
Multi-Unit Investment Opportunity – Located just 1 hour south of Lloydminster,this fully occupied multi-family complex is an excellent revenue property. The building features 7 units with a total of 10 bedrooms,offering strong rental demand in the region. The Main Floor Units feature 4 one-bedroom suites,each with private access to a spacious wrap-around deck leading to the exterior parking area. The Lower Level units feature 3 two-bedroom suites,providing comfortable layouts ideal for long-term tenants. All suites are equipped with a kitchen,living room,and full 4-piece bathroom,with convenient access to shared laundry facilities. Additional highlights include electrified exterior parking and the advantage of an on-site property manager who oversees tenant move-ins/outs and building maintenance. Currently at full occupancy with a waiting list,this property provides consistent cash flow and serves a strong demand for affordable housing in Alberta's oil patch.
Listed by LPT Realty

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Apartment

    Listing Status Pending

    Purchase Type For Sale

    Approx. Sqft 2200.0

    Square Footage 2, 200 sqft

    Price per Sqft $186

    Subdivision Hayter

    MLS Listing ID A2257846

    Year Built 1999

    Property Sub-Type Apartment

  • Location

    Province AB

    Zoning R1

  • Building

    Dwelling Type Low Rise (2-4 stories)

  • Interior

    Inclusions Washer & Dryer Coin Operated

    Fireplace No

    Appliance Range, Range Hood, Refrigerator

  • Exterior

    Total Parking Spaces 10

    Garage No

  • Others

    Restrictions Adult Living,Non-Smoking Building,Pet Restrictions or Board approval Required

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