$379,900
$384,900
1.3%For more information regarding the value of a property, please contact us for a free consultation.
2,240 SqFt
SOLD DATE : 07/28/2023
Key Details
Sold Price $379,900
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $169
Subdivision East Lloydminster City
MLS® Listing ID A2066035
Sold Date 07/28/23
Style Side by Side
Originating Board Lloydminster
Year Built 1978
Annual Tax Amount $2,637
Tax Year 2023
Property Description
Investment property alert! 9% Cap rate. Fully occupied 4-plex residential building with strong income. All four units are self contained, 2 bedroom, 2 bathroom units. Upstairs layout is kitchen, dining room, living room, ½ bath and balcony. Downstairs each unit has a full bathroom, laundry room, and 2 bedrooms. Vacancy rate over the last 5 years has been next to zero. Lots of upgrades have been completed including; new windows, new patio doors, new shingles, new eaves trough/soffit/fascia, boiler, exterior building painted, 2 units renovated and 2 units in older but good condition. One of the owners is licensed Realtor in Alberta and Saskatchewan.
Location
Province SK
County Lloydminster
Zoning DC1
Interior
Heating Hot Water
Cooling None
Appliance Refrigerator, Stove(s), Washer/Dryer
Exterior
Porch Balcony(s)
Total Parking Spaces 8
Building
Foundation Wood
Architectural Style Side by Side
Structure Type Wood Frame
Others
Restrictions None Known
Ownership Private
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Dean Hunter