This 8-suite apartment rental building is just the opportunity you have been looking for. There are 5 (2 bedroom) units and 3 (1 bedroom) unit in the building. This building has been well maintained over the years with improvements and upgrades to the heating system, added insulation in attic space, PVC windows, metal roofing- three suites have been renovated over the last few years, with one suite undergoing an entire makeover in the last 2 years. The building has two units that have been rented as Airbnb short term rentals with the balance of the units rented on monthly rental agreement. This is a well-managed building with great potential.
Essential information
MLS® number
A2316743
Status
Active
Price
$879,000
Property type
Multi-Family
Type
Apartment
Transaction
For Sale
Living area
3,600 sq ft
Year built
1962
Structure
Low Rise (2-4 stories)
Listing brokerage
MUSGRAVE AGENCIES
Source
Pillar 9™ MLS® System
Condominium
Restrictions
None Known
Interior
Heating
Hot Water
Exterior and construction
Construction
Wood Frame
Zoning
R4
Parking
Total parking
0
Features
Parking Pad
Community
Subdivision
LLMWEST
City
Lloydminster
Province
AB
Postal code
T9V 1A1
Where it is
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Investment calculator
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34 photos$659,7771-6, 5502 49 Avenue, Lloydminster
