$895,000 FOR SALE

Multiplex

Total Area: 3,042 ft2

35s 2 Street W
Magrath, AB T0K 1J0

Fantastic opportunity to purchase a 6 unit multifamily property located in the Town of Magrath (only a 20 minute drive from Lethbridge). This 6 plex was completed in 2010 and has 3 units up and 3 units down. Each are about 1000 square feet and include 2 bedrooms, 1 bath, a kitchen, a dining area, and a living room. The top units have air conditioning and also have access to a deck off the back. The lower units have a covered entrance and have in-floor heat as well as forced air. Each unit has it's own furnace and on-demand water heater. The spacious bathrooms include a tub/shower and a separate walk-in shower. The kitchens have plenty of cupboards and counters and each have an island for more storage and work space. The units were designed for accessability with larger door and hallway openings. The exterior is Hardie board and stone. The property has concrete ramps, concrete steps and a concrete parking pad. Each parking stall has an electrical outlet which is connected to it's individual unit. Each unit has its own electrical panel and meter. The properties permitted use is a Senior Supportive Housing Facility. It is located just a block away from most of Magrath's amenities including groceries, the post office, pharmacy and doctor's office. Come check out this great investment opportunity! (id:47423)

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Listed By SUTTON GROUP - LETHBRIDGE
Data Provided By Lethbridge & District Association of REALTORS®
MLS® Listing Number A2100918
Last Updated Apr 17, 2024
Property Summary
Property Type Multiplex

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Price History
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Detailed Information
Total Area 3,042 ft2
Community Features Age Restrictions
Listing Contract Date 2024-01-12
Municipal ID 0019901180
Ownership Type Freehold
# of Parking Spaces 9
Plan 3046H
Property Type Multi-family
Road Paved road
Transaction Type For sale
Zoning Description Institutional/Recreation
Building
Constructed Date 2009
Cooling Type Central air conditioning
Exterior Finish Stone
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air, In Floor Heating
Size (Exterior) 3042 square feet
Total Finished Area 3042 sqft
Type Multi-Family
Land
Total Size 7800 square feet
Landscape Features Landscaped, Underground sprinkler
Size of Irregular Land 7800.00

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