$475,000 FOR SALE

Multiplex Bungalow

Lot: 20.1 x 37.2 m

10120 103 Avenue
Grande Prairie, AB T8V 1C1

Fully rented cash flowing 4 plex on a 20 meter wide RT zoned lot. ( side by side duplex for sale next door as well ! (A2195552 & A2195546) Suites consist of one-3 bedroom suite, two-1 bedroom basement suites and one- 2 story loft suite each with their own power meter. "A" basement suite is paying 800 per month, B basement suite is paying $800 per month, loft suite is paying $1050 per month and the Main floor is paying $1250 per month, tenants pay their own electricity, cable , telephone and tenant insurance. Owner pays water/sewer/garbage. There is a common area laundry room with coin operated washer and dryer that produces additional income of $100-$200 per month. The upper 3 bedroom suite has received fresh paint, some new flooring and has vinyl plank and laminate flooring throughout, it also has access to the back deck and direct access to the laundry room. The loft suite is really cool, the bottom floor acts as the bedroom and upstairs is the kitchen, dining room and bathroom. The basement has 2 roomy 1 bedroom basement suites that have been recently painted and received some new flooring. This 4plex also has newer shingles and lots of parking front and back. This place could be an amazing Air bnb opprotunity if you slowly renovated and once tenants leases were up. ( photos from when vacant in the past) (id:47423)

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Listed By Sutton Group Grande Prairie Professionals
Data Provided By Grande Prairie & Area Association of REALTORS®
MLS® Listing Number A2192141
Last Updated Feb 21, 2025
Property Summary
Property Type Multiplex

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Community Avondale
Price History
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Detailed Information
Lot 20.1 x 37.2 m
Listing Contract Date 2025-02-10
Municipal ID 0015214927
Ownership Type Freehold
# of Parking Spaces 6
Plan 1410AC
Property Type Multi-family
Structures Deck
Transaction Type For sale
Zoning Description RT
Building
Appliances Refrigerator, Range, Washer & Dryer
Architectural Style Bungalow
Basement Features Suite
Basement Type Full
Constructed Date 1955
Construction Material Poured concrete, Wood frame
Exterior Finish Concrete
Flooring Type Carpeted, Vinyl
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Baseboard heaters, Other
Stories Total 1
Total Finished Area 1462 sqft
Type Multi-Family
Land
Total Size Unknown

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