711 1St Street

Multi Family For Sale in Other, Sundre

$1,200,000

Exceptional Sundre 2016 built 5plex, built to very high standards with a mix of spacious units, including 3 x 3-bedroom, 2-bathroom layouts and 2 x 2-bedroom, 2-bathroom configurations with in unit laundry and separate hot water tanks and furnaces per unit, Unit 5 is instant hot water. Currently fully rented to reliable tenants, boasting a stellar track record of zero vacancies for years. Enjoy a steady income stream and impressive cap rate from this investment gem. Built in 2016 near the hospital this property is utilized by the Rural Physician Program with signed leases until 2025, Spacious units with large bedrooms, ensuite masters and laundry in each unit, kitchens with large islands and quartz counter tops throughout, large windows, vinyl flooring, 4 units have heated garage spaces and driveways, Unit 5 has its own driveway. Sundre Hospital Futures Committee is committed to building a new hospital campus within the next few years and Travel Alberta has a plan to develop tourism opportunities in this zone. Only 1 hour from Calgary or Red Deer and a perfect location for all nature enthusiast, with walking trails, Rivers, Lakes and Streams, Sundre has an amazing community with lots of amenities and opportunities.
Address 711 1St Street
List Price $1,200,000
Property Type Commercial
Type of Dwelling Multi Family
Area Sundre
Sub-Area Other
Year Built 2016
MLS® Number A2128094
Listing Brokerage Real Broker
Postal Code T0M1X0
Zoning R2

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RE/MAX Complete Realty

RE/MAX Complete Realty

11450 29 St SE #201 Calgary AB T2Z 3V5

Office: 4039308555

office@remaxcompleterealty.ca