***EXCELLENT INVESTMENT OPPORTUNITY WITH THIS FULLY DEVELOPED MODERN 4 PLEX*** Unique investment opportunity in the family friendly Village of Morrin!!! This well maintained 4 plex is fully occupied and provides numerous opportunities for the new owner!!! Some features of each fully developed unit include 2 bedrooms total, galley kitchen with large pantry, spacious living room and dining room, 4 pce bathroom, 5 appliances plus relaxing decks!!! All on a large lot in the friendly Village of Morrin with many amenities including parks, playgrounds, arena, convenience store, restaurant and new school all only 15 minutes from Drumheller!!!
Essential information
MLS® number
A2268667
Status
Active
Price
$499,000
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
None Known
Living area
2,080 sq ft
Year built
1996
Structure
Four Plex
Listing brokerage
Royal LePage Wildrose Real Estate
Source
Pillar 9™ MLS® System
Interior
Flooring
Carpet, Linoleum
Appliances
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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19 photos$599,9004805 52 Street, Olds
