780-832-5880

1023 Cassils Road W
Brooks (A2274968)

$495,000
1,760 ft²
Note: This property may have a conditional offer. Talk to us for details.
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* Amounts are estimates only. Final payment amounts may vary.

Description

Excellent fourplex investment opportunity in Brooks. This well maintained revenue property features four bi level units, each offering two bedrooms and a functional layout that appeals to long term tenants in the local rental market. The property has seen several key capital improvements over the years, including updated windows, some furnaces, and some hot water tanks. A major upgrade was also completed with the installation of a truss roof system, replacing the original flat roof and adding long term durability and peace of mind for future ownership. The fourplex currently generates $4,075 per month in gross rental income, with upside potential through future rent adjustments. With strong tenant demand for two bedroom units in Brooks, this property presents a solid opportunity for investors looking to add stable cash flow to their portfolio. Whether you are an experienced investor or looking to enter the multi family market, 1023 Cassils Road West offers a combination of location, improvements, and income potential that is hard to find.

Property details

Basic Info

MLS® #
A2274968
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
West End
Price
$495,000
Sale/Lease:
For Sale
Size:
1,760 sq.ft.
Year Built:
1976 (50 years old)

Building Info

Structure Type:
Four Plex
Building Style:
Bi-Level
Garage:
No
Parking:
Alley Access, Off Street
Basement:
Full
Inclusions:
4 Fridge, 4 stove
Laundry:
In Basement

Lot / Land Info

Lot Size:
0.21 acres
Zoning:
R-HD

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Concrete,Vinyl Siding,Wood Frame
Floors:
Carpet, Ceramic Tile, Laminate
Foundation:
Poured Concrete
Heating:
Central, Forced Air, Natural Gas

Listing Info

Possession:
Negotiable
Days on Market:
6
Your Realtor
  • Cord Spero

    RE/MAX Grande Prairie
    780-832-5880

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