* Amounts are estimates only. Final payment amounts may vary.
Description
Excellent investment opportunity in the heart of Lac La Biche! Located at 9119 100 Street, this well-maintained revenue property is ideally situated close to Portage College and the hospital, making it highly desirable for tenants. The upper-level unit features 3 bedrooms, including an oversized primary bedroom complete with a spacious walk-in closet and a beautifully appointed 4-piece ensuite with soaker tub. Bamboo flooring runs throughout, complementing the bright kitchen and the comfortable living and dining areas. The upper unit also enjoys exclusive use of a generous, fenced backyard with mature trees, a 25’ x 10’ deck accessed through a patio door, rear alley access, and access to the garage. The basement contains two additional self-contained rental units, each with a private entrance and their own laundry. One unit offers approximately 600 sq. ft. of living space with 1 bedroom, while the third unit is also a nicely appointed 1-bedroom suite. With three independent units, strong tenant demand, and a cap rate of approximately 8%, this property offers excellent cash-flow potential. Current tenants are happy to stay, making this a turnkey investment you won’t want to miss.
Property details
Basic Info
MLS® #
A2282290
Property Type:
Residential
Subtype:
Detached
Subdivision:
Lac La Biche
Price
$439,900
Sale/Lease:
For Sale
Size:
1,581 sq.ft.
Bedrooms:
5
Bathrooms:
3
Year Built:
1952 (74 years old)
Building Info
Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached, Off Street
Fence:
Fenced
Basement:
Full
Features:
No Animal Home, Open Floorplan, Pantry, See Remarks, Separate Entrance
Inclusions:
N/A
Appliances:
Built-In Refrigerator, Dishwasher, Electric Stove, Tankless Water Heater, Washer/Dryer Stacked
Laundry:
Multiple Locations
Exterior Features:
Private Entrance, Private Yard, Storage
Patio/Porch Features:
Deck
Neighborhood Info
Nearby Amenities:
Playground, Schools Nearby, Street Lights, Walking/Bike Paths
Lot / Land Info
Lot Size:
0.24 acres
Lot Features:
Back Lane, Back Yard, Backs on to Park/Green Space, Few Trees, Front Yard, Level
Zoning:
LDR
Materials & Systems
Roof:
Asphalt Shingle
Exterior:
Concrete,Vinyl Siding
Floors:
Granite, Hardwood, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Playground, Schools Nearby, Street Lights, Walking/Bike Paths