Investment opportunity with this 7-unit apartment building located in the community of Falher. The property offers a desirable mix of unit sizes, making it attractive to a broad range of tenants. The building includes five 3-bedroom, 1-bathroom units (Units 1, 2, 3, 4, and 7), each featuring its own dedicated laundry room, and two 1-bedroom, 1-bathroom units (Units 5 and 6) with coin laundry. Additional building features include keyless entry for enhanced security and convenience, as well as separate storage rooms and coin laundry machines for tenant use. Several upgrades have already been completed, including replacement of all bottom-unit windows, adding value and peace of mind for future ownership. This apartment building provides strong rental income and is conveniently located near local amenities and services, making it an excellent opportunity for investors seeking stable returns and long-term growth. Book your showing today!
Essential information
MLS® number
A2273672
Status
Active
Price
$700,000
Property type
Multi-Family
Type
Apartment
Transaction
For Sale
Living area
6,900 sq ft
Lot size
24,393 sq ft
Year built
1964
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
5
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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50 photos$799,9001-5, 622 10 Street S, Lethbridge
