AB > Rocky Mountain House > Rocky Mtn House
Rocky Mountain House, AB T4T 1R1,4932 48 ST
Rocky Mountain House, AB T4T 1R1,4932 48 ST
Rocky Mountain House, AB T4T 1R1,4932 48 ST
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Michele Gale

Michele Gale

+1(403) 863-7532
$1,375,000
Est. payment /mo
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UPDATED:

11/14/2024 09:55 PM

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Rocky Mtn House

MLS® Listing ID A2149862

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 RM

Interior

Heating Baseboard, Boiler, Natural Gas

Cooling None

Inclusions ALL ELECTRIC FRIDGES AND STOVES in each suite, coin washer/dryer in the laundry room, storage cabinet in laundry room, garbage bin (rented), storage shed

Exterior

Roof Type Membrane,Rubber

Total Parking Spaces 13

Building

Dwelling Type Low Rise (2-4 stories)

Foundation Poured Concrete

Others

Restrictions See Remarks

Tax ID 84833522

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Listed by RE/MAX real estate central alberta
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Michele Gale

Agent | License ID: RECA

+1(403) 863-7532 | michelegale@shaw.ca

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