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5111 49 Street, Caroline, AB - MLS # CA0177886

5111 49, Caroline, AB T0M 0M0

Quick Summary

Price
$325,000
Type:
Multi-Family
Sub Type:
Fourplex
Title:
5111 49 Street
Possession:
Subject To Tenancy
Tax Amount:
3430 / 2019

Lot Summary

Lot Width:
50
Lot Depth:
120
Lot Units:
6000 Sq Ft
Lot Shape:
Standard
Sewer:
Municipal

Rental Summary

Number of Units:
4
Three Bed Units:
4
Annual Operating Expense:
12231
Gross Scheduled Income:
34800

Building Summary

Year Build:
1990
Construction Material:
Concrete,Frame - Wood
Foundation Details:
Concrete
Roofing:
Asphalt
Flooring:
Carpet,Linoleum
Heating:
Natural Gas
Heating Fuel:
Natural Gas
Flooring:
Carpet,Linoleum

Building Features

Exterior Features:
Deck
Inclusions:
4 fridges and 4 stoves

Parking Features

Features:
Off Street Parking,Parking Pad

Property Description

County / Parish: Clearwater County, Alberta
Zoning: R1

Are you looking for an investment property? Then take a look at this affordable fourplex known as “The Fairmont” in Caroline. With numerous upgrades and very low vacancy this is a great property to start your rental portfolio with, or add it to your existing rental pool. With four – three bedroom suites (up/down style) each unit has a front kitchen/living room area, three bedrooms, one bathroom, laundry, storage area as well as furnace and hot water tank. There’s rear parking for the building as well as off street parking out front. Owner pays the water/sewer/trash and tenants cover their own gas and power. Rents are $700 and $750 per month. Renovations have been done between tenancies and the asphalt shingles were replaced in 2015.

Listed By RE/MAX real estate central alberta - RMH

Walk Score

Financial Summary

Gross Scheduled Income:
34800
Total Annual Operating Expense:
12231

Agent on Duty


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