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Dennis Stauffer

dennis@realhomesgp.ca +1(780) 512-3217

$449,900

Est. payment - /mo

5 Beds

3 Baths

1,210 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1210.0

Square Footage 1,210 sqft

Price per Sqft $371

Subdivision Westpointe

MLS Listing ID A2355336

Style Bi-Level

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 2009

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Detached

Property Description

INVESTOR ALERT!!! Legal up/down unit with $3100/mth rental income aggressively priced to attract strong offers. The Grande Prairie investment & rental market remain very strong with low vacancy + healthy rents which offers a great combination for investors and this type of property hits the metrics on cash flow + cash on cash return(see attached investment worksheet under supplements in the listing). Upper unit offers 3 bedrooms + 2 bathrooms including ensuite in primary bedroom,it also offers a unique additional flex space that tenants can use as a living area,office,gym area or play area. Lower unit offers 2 bedrooms + 1 bathroom with great ceiling heights and window sizes. Alll the little things that make a landlord's life easier have been looked after: separate power & gas meters,Each unit has private laundry,triple wide parking pad at the rear of the property,low maintenance landscaping,soundproofing between units,etc. The effective age of the property provides piece of mind that replacement on capital investment is still well into the future which allows time to generate cash flow and plan accordingly. Upper unit lease runs to March 31,2027 @ $1700/mth + power/gas. Lower unit lease runs to October 31,2027 @ $1400/mth + power/gas. This property checks all the boxes that a savvy investor is looking for. Contact a Realtor to book a showing today and let this turn-key investment start working for you.

Location

Province AB

County 0132

Community Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Zoning RS

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Full, Finished, Separate/Exterior Entry, Suite

Guest Accommodations Basement

Interior

Interior Features High Ceilings, Open Floorplan, Separate Entrance

Heating High Efficiency

Cooling None

Flooring Carpet, Tile, Vinyl Plank

Fireplace No

Appliance Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings

Laundry In Basement, Main Level

Exterior

Exterior Feature None

Parking Features Parking Pad

Fence None

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch None

Total Parking Spaces 4

Garage No

Building

Lot Description Back Lane, Front Yard

Dwelling Type House

Faces E

Story Bi-Level

Foundation Poured Concrete

Architectural Style Bi-Level

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories Bi-Level

New Construction No

Others

Restrictions None Known

Read Less Info

Listed by RE/MAX Grande Prairie

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Dennis Stauffer

+1(780) 512-3217

REALTOR®️

7418 112 ST Grande Prairie, AB T8W 0C6

Dennis Stauffer

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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7418 112 ST