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221 Sitka Dr

Sitka DrThickwood HeightsWood BuffaloAB, T9H 3C1

8
Beds
5
Baths
2,192
Sq. Ft.
$899,900
List Price
221 Sitka Dr, Wood Buffalo, AB - 1 of 3
221 Sitka Dr, Wood Buffalo, AB - 2 of 3
221 Sitka Dr, Wood Buffalo, AB - 3 of 3
New
20 days on market

Quick Summary

  • Lucrative investment property generating $7,500/month
  • Stable long-term tenants occupying four units
  • Meticulously maintained with recent upgrades
  • Cohesive unit finishes with gas fireplaces and hardwood
  • Convenient unit layouts with in-unit laundry and utilities
  • Executive upper unit with second bathroom and central AC
  • Large fenced corner lot with ample parking
  • Centrally located with access to retail and transit

Welcome to 221 Sitka Drive: This side-by-side single-title duplex presents an exceptional investment opportunity, currently generating a total rental income of $7,500 per month. With four units under one roof—two lower and two upper suites—this property offers a lucrative venture for savvy investors. Long-term renters, who express a... Show More

Welcome to 221 Sitka Drive: This side-by-side single-title duplex presents an exceptional investment opportunity, currently generating a total rental income of $7,500 per month. With four units under one roof—two lower and two upper suites—this property offers a lucrative venture for savvy investors. Long-term renters, who express a desire to remain, currently occupy the units, showcasing the stability and reliability of this investment. The property has been meticulously maintained by the current owner, ensuring a turnkey experience for the new owner with new shingles replaced in 2018 and new front decks and stairs in 2022 while the stucco was painted in 2020.Inside, each unit features cohesive finishes, with the upper suites boasting gas fireplaces and hardwood floors, while the lower units offer luxury vinyl plank flooring and electric wall heaters. Additionally, each unit is equipped with its own laundry facilities, hot water tanks, and heat source. The layout of each unit is similar, comprising an open living space, spacious kitchen, and two bedrooms along with a four-piece bathroom. Most of the furniture throughout the units is included in the sale, enhancing the convenience for both the new owner and tenants.One of the upper units stands out as more executive, featuring a second bathroom and central air conditioning for added comfort.Nestled on a large, fully fenced corner lot, the property offers parking for up to eight vehicles in front and backs onto green space and parks. Its central location in the heart of Thickwood provides easy access to retail stores, bus stops, and schools, adding to its appeal and investment potential.Don't miss out on this opportunity to expand your real estate portfolio. Schedule your tour today and seize the potential offered by this full duplex. (id:54626)

Property Details

Size

2,192 sq. ft.
30 total rooms
8 Beds
4 Above Grade - 4 Below Grade
5 Baths
5 Full

Parking

8 Parking Spaces
Parking Pad,Tandem

Lot

Size
72′5″ * 110′0″
Acres
-

Build

Year Built
1996
Model Name
-
Basement
Finished
Exterior
Stucco
Foundation
See Remarks
Builder Name
-
Stories
-
Flooring
Carpeted, Hardwood, Laminate, Vinyl Plank
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning
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Rooms

4pc Bathroom

7′6″ x 7′9″

4pc Bathroom

7′5″ x 7′9″

Bedroom

10′8″ x 10′11″

Bedroom

10′6″ x 10′9″

Dining room

6′9″ x 11′3″

Dining room

6′11″ x 11′6″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
A2130322
Last Updated
May 23, 2024
Brokerage
The Agency North Central Alberta
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