118 8 AV SE, High River, Alberta, T1V 1H1, Ca

Description

This bi-level style up/down four-plex is fully rented and generates $27,500/year in net revenue. It is located in a mature, well treed area with parks close by and within easy walking distance to downtown and schools. Rents are only $800 & $1,000/month so it is easy to keep this building fully occupied. The two lower units have been completely renovated including new kitchens, bathrooms, flooring and appliances, and the building has new water heaters, high efficiency furnaces, new electric panels and almost all windows have been replaced. There are 4 large on-site parking stalls. The two upper units are three-bedroom, and the two lower units are one-bedroom, and the building footprint is 2068 sq ft. All four units have one bathroom plus laundry hookups, and independent furnaces. The upper and lower suite on each side share water heaters. The building has two natural gas meters, four electric meters and one meter for water & sewer.