4932 48 ST #11-14, 21-24, 31-34, Rocky Mountain House, AB T4T 1R1 -...

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Michael Smith

Michael Smith Team Brokered by eXp Realty

michael@mstrealty.ca +1(403) 919-2247

$ 1,375,000

Est. payment | -/mo

7,210 SqFt

Save

$ 1,375,000

Est. payment | -/mo

Save

7,210 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,210 sqft

Price per Sqft $190

Subdivision Rocky Mtn House

MLS® Listing ID A2149780

Year Built 1977

Property Description

Welcome to this fantastic investment opportunity in the heart of Rocky Mountain House, Alberta. This well-maintained 12-plex apartment building is fully occupied, offering a stable and reliable income stream for the savvy investor. Located in a desirable neighborhood in Rocky Mountain House, residents enjoy walkable access to local amenities, including schools, parks, shopping, and medical facilities. The low-rise apartment building features 12 units, each thoughtfully designed for comfortable living. There are eleven 2-bedroom suites, and one 1-bedroom suite. All suites have 1 electric fridge and stove/oven. There is a coin operated washer and dryer in the basement for all tenants to use. Each tenant as an assigned off-street parking stall with metered power. The building has had regular interior/exterior maintenance/upgrades, this includes the following: In 2008 rubber membrane roof, upper aluminum siding, all decks resurfaced with new railings installed, west side units the sliding patio doors were replaced with garden doors, in 2015 all exterior windows replaced, 2016 entrance doors replaced. All 12 units have had some renovations, as time permitted between tenants (paint, flooring, lighting, electrical plug, switches etc...) 2010 all units had counter tops replaced in Kitchens and bathrooms, appliances have been replaced as required, all building locks have been replace with a coded master lock system, in 2020 the building intercom and door lock system was upgraded, all hallway and common area lighting upgraded to LED, and lastly plumbing repairs have been completed as required. This property offers a good rate of return with reliable established tenants.

Location

Province AB

County Clearwater County

Zoning Medium Density Rsidential

Interior

Interior Features French Door, Laminate Counters, Vinyl Windows

Heating Baseboard, Hot Water, Natural Gas

Cooling None

Inclusions All Fridge and Stoves in each suite, coin washer and dryer in the laundry room, storage cabinet in laundry room, garbage bin (rented), storage shed

Appliance See Remarks

Exterior

Parking Features Assigned, Off Street

Roof Type Membrane,Rubber

Total Parking Spaces 13

Building

Dwelling Type Low Rise (2-4 stories)

Story 3

Foundation Poured Concrete

Level or Stories Multi Level Unit

Others

Restrictions See Remarks

Tax ID 84833522

Listed by RE/MAX real estate central alberta

+1(403) 919-2247

michael@mstrealty.ca

#700-1816 Crowchild Trail NW, Calgary, AB, T2M 3Y7, CAN

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