Investment opportunity with this 5-unit rental building located in the community of Falher. The property offers a well-balanced mix of unit sizes, making it attractive to a wide range of tenants. The building includes a 3-bedroom, 1-bathroom unit (Unit 1) that has seen several recent upgrades, including all new windows, new countertops, a new sink, and a new stove. Unit 2 is a 1-bedroom, 1-bathroom unit, while Units 3 and 4 each offer 2 bedrooms and 1 bathroom. Unit 5 is a 1-bedroom, 1-bathroom bachelor-style suite. Each unit is equipped with its own private laundry, a highly desirable feature that adds convenience for tenants and enhances rental appeal. With functional layouts, thoughtful updates, and solid rental income, this property presents a strong opportunity for investors seeking stable income. Conveniently located close to local amenities and services, this Falher rental building offers long-term value and excellent income potential. Book your showing today!
Essential information
MLS® number
A2273664
Status
Active
Price
$450,000
Property type
Multi-Family
Type
Apartment
Transaction
For Sale
Living area
2,400 sq ft
Lot size
7,780 sq ft
Year built
1988
Structure
High Rise (5+ stories)
Listing brokerage
Sutton Group Grande Prairie Professionals
Source
Pillar 9™ MLS® System
Condominium
Restrictions
None Known
Interior
Appliances
Refrigerator, Stove(s), Washer/Dryer
Exterior and construction
Zoning
R3
Parking
Total parking
4
Community
City
Falher
Province
AB
Postal code
T0H 1M0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
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8 photos$445,0001-6, 321-323 6 Avenue E, Hanna
