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Great investment opportunity in Strathmore
329 2 Avenue Strathmore AB
Price $ 459,000
Listing ID 1135
Status Sold
Property Type Multiplex
Beds 10
Baths 6
House Size 2717
Lot Size 36391
Description
Awesome opportunity to own this perfect piece of commercial property in Strathmore.This is Strathmore's very first multi-family building and it's never been for sale before. Contains 6 suites, all rented - always rented. Currently rented below market value rents.Current net income shows a very tidy yearly positive cash flow, even room to support new debt service if you bring a mortgage to the transaction. Please do NOT approach the tenants, please direct all enquires to the lister. Lot size is 241 x 191 according to latest RPR. Zoning is commercial but there have been some changes to redevelopment featuring retail on main level and residential above.
Location
Room Features
2 bedroom suites 2 non-conforming
Listed By:   Rick Brash   Real Estate Professionals Inc. (REP Inc. Calgary)  403-249-8444
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