Investors welcome to small-town living with this well-run apartment building. The building has 12 units with separate titles (although the condo corporation still needs to be set up). Built in 2011 with in-floor heating and soundproofing between units and always well maintained. Meeting room and elevator for the tenant's convenience. Parking for each unit and extra visitor parking also. Fully rented and making excellent revenue.More details
Listed by Justin Havre
and Fiona Connolly
of RE/MAX FIRST
Didsbury is a great small town only 30 minutes from Airdrie and well within commuting distance of North of Calgary. This is a well-maintained CASH FLOWING multi-family property consisting of 2 buildings with 4 Townhouses and 1 bi-level in each building for a total of 10 rentable units. The townhouses are 3 bedrooms and 1.5 bathrooms and the bi-levels also have 3 bedrooms (below grade) and 1.5 bathrooms. Each unit has 2 parking stalls out front and a fenced yard. The property is fully rented with a very low turnover. Most units are inhabited by long-term tenants. Each unit has its own furnace and hot water heater so running expenses are very low. Shingles and windows are newer with recent vinyl siding and stucco exterior making for ease of maintenance. The property manager lives on-site and deals with most minor maintenance issues. Rents have been historically lower than the market average making a higher cash flow possible when rents are brought into line with market conditions.More details
Listed by Justin Havre
and Fiona Connolly
of RE/MAX FIRST
Data was last updated September 24, 2023 at 02:05 AM (UTC)
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