Fairview, AB T0H 1L0,10709 108 AVE #1-6
Fairview, AB T0H 1L0,10709 108 AVE #1-6
Fairview, AB T0H 1L0,10709 108 AVE #1-6
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$750,000
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10709 108 AVE #1-6 Fairview, AB T0H 1L0

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UPDATED:

12/16/2024 04:30 PM

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2182955

Originating Board Grande Prairie

Year Built 2009

Annual Tax Amount $13,468

Tax Year 2023

Lot Dimensions 121 x 133

Property Description

Your chance to become a commercial owner of a METICULOUSLY maintained 6-plex in a city with LIFT potential as Alberta continues to set migration records. Rental market in Fairview is extremely busy right now! This property is currently rented as an adult only/pet restricted building, with all units generating $1150/month + utilities. If you are looking for a solid building to park your money, there is no better property in terms of build quality and current condition than this one. This property is listed at $50,000 below appraised value... PER UNIT! Each unit has an above ground one-car garage, amazing sound proofing, and HVAC/laundry in-unit. Enjoy gas fireplaces, balcony's on each unit, open-concept, stainless appliances, and master ensuites. 3 units are 2 bed, 2 bath, and 3 units are 1 bed 1 den, 2 bath. Condo fees are $300/month per unit (included in rent) and cover security, water, sewer, garbage, lawn care, exterior maintenance, and reserve fund contribution. The building has 30 year shingles! Fairview is a community that hosts 3 schools, a polytechnic university, hospital, seniors lodge and much more. All apartments are rented with the exception of one for showing purposes. Measurements are as per Condo documents. This is an attractive investment at $6900/month gross rent + utilities on a $750,000 purchase price.

Location

Province AB

County Fairview No. 136, M.d. Of

Zoning C-1 Residential Condomini

Interior

Heating Natural Gas

Inclusions All appliances

Exterior

Fence None

Roof Type Asphalt Shingle

Lot Frontage 121.0

Total Parking Spaces 10

Building

Foundation Poured Concrete

Others

HOA Fee Include Common Area Maintenance,Parking,Reserve Fund Contributions,Sewer,Snow Removal,Trash,Water

Restrictions Adult Living,Pet Restrictions or Board approval Required

Tax ID 57935906

Ownership See Remarks


Listed by Grassroots Realty Group Ltd.

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Vikram Punia

+1(587) 839-9620

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10709 108 AVE #1-6