About 711 1st Street
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.
Features of 711 1st Street
MLS® # | A2128094 |
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Price | $1,200,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Year Built | 2016 |
Type | Commercial |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 711 1st Street |
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Subdivision | NONE |
City | Sundre |
County | Mountain View County |
Province | Alberta |
Postal Code | T0M1X0 |
Amenities
Parking Spaces | 9 |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Floor Furnace, Natural Gas, High Efficiency |
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Cooling | None |
Fireplace | No |
Has Basement | No |
Exterior
Roof | Asphalt Shingle |
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Construction | Concrete, Vinyl Siding, Wood Frame, Manufactured Floor Joist, Silent Floor Joists |
Foundation | Poured Concrete |
Additional Information
Date Listed | May 1st, 2024 |
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Days on Market | 14 |
Zoning | R2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Real Broker |
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