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$1,900,000

0 Beds 0 Baths 9,896 SQFT 0.00 Acres
Type: Multi-Family

5701,5703 Evergreen Drive
High Prairie, AB T0G1E0

MLS#: A2328419
Fareed Ali
Fareed Ali
Condo Digs
Broker
Phone: 416.419.9596
Office: 647.977.2650
Presented by: Grassroots Realty Group - High Prairie

Property Description

 

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing. (id:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Living Area Range9,896 sqft

General

Building AppliancesRefrigerator, Range - Electric, Washer & Dryer
Building TypeMulti-Family
Ownership TypeFreehold
Parking Space Total4
Property TypeMulti-family
Zoning DescriptionResidential R3

Additional Details

  

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$1,900,000

0 Beds 0 Baths 9,896 SQFT 0.00 Acres
Type: Multi-Family

5701,5703 Evergreen Drive
High Prairie, AB T0G1E0

MLS#: A2328419
Fareed Ali
Fareed Ali
Condo Digs
Broker
Phone: 416.419.9596
Office: 647.977.2650
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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