Quick Summary
Quick Summary
- Entire 4-plex revenue property
- Bi-level style units with modern updates
- Reliable long-term tenants with 100% occupancy
- Favorable 6.4% cap rate for investment
- Assumable mortgages at 1.69% financing
- Convenient location near Innisfail amenities
- Well-maintained and in excellent condition
- Individual land titles for each unit
Looking for a REVENUE PROPERTY? Here is your opportunity to own an entire 4 plex in the friendly town of Innisfail! Each Bi-Level style unit has a kitchen, dining area, living room, 2 bedrooms, 4-piece bath, laundry area, and individual storage/ utility room. Nice modern updates including new roof, vinyl plank flooring, doors and paint... Show More
Looking for a REVENUE PROPERTY? Here is your opportunity to own an entire 4 plex in the friendly town of Innisfail! Each Bi-Level style unit has a kitchen, dining area, living room, 2 bedrooms, 4-piece bath, laundry area, and individual storage/ utility room. Nice modern updates including new roof, vinyl plank flooring, doors and paint with reliable long term tenants. Great net income with a current cap rate of 6.4%. An added bonus is that each unit has it's own individual land title! This property has been well maintained and is in excellent shape. Located in a convenient location, close to Innisfail amenities- if you are looking to start or grow your rental portfolio this property is a favorable choice with 100% occupancy and "turn-key ready" condition! *Current mortgages are assumable on approved credit at 1.69% financing for the remainder of the term. (id:54626)
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