7418 112 Street, Grande Prairie, AB T8W0C6
7418 112 Street, Grande Prairie, AB T8W0C6
7418 112 Street, Grande Prairie, AB T8W0C6
7418 112 Street, Grande Prairie, AB T8W0C6
7418 112 Street, Grande Prairie, AB T8W0C6
7418 112 Street, Grande Prairie, AB T8W0C6
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Mark Weiland

Mark Weiland

+1(705) 805-0888
$ 449,900
Est. payment | /mo

5 Beds

3 Baths

1,210 SqFt

Save
$ 449,900
Est. payment | /mo
Save

5 Beds

3 Baths

1,210 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1210

Square Footage 1,210 sqft

Price per Sqft $371

Subdivision Westpointe

MLS® Listing ID A2355336

Style Bi-level

Bedrooms 5

Year Built 2009

Lot Size 3,645 Sqft

Acres 0.08369459

Property Sub-Type Freehold

Property Description

INVESTOR ALERT!!! Legal up/down unit with $3100/mth rental income aggressively priced to attract strong offers. The Grande Prairie investment & rental market remain very strong with low vacancy + healthy rents which offers a great combination for investors and this type of property hits the metrics on cash flow + cash on cash return(see attached investment worksheet under supplements in the listing). Upper unit offers 3 bedrooms + 2 bathrooms including ensuite in primary bedroom, it also offers a unique additional flex space that tenants can use as a living area, office, gym area or play area. Lower unit offers 2 bedrooms + 1 bathroom with great ceiling heights and window sizes. Alll the little things that make a landlord's life easier have been looked after: separate power & gas meters, Each unit has private laundry, triple wide parking pad at the rear of the property, low maintenance landscaping, soundproofing between units, etc. The effective age of the property provides piece of mind that replacement on capital investment is still well into the future which allows time to generate cash flow and plan accordingly. Upper unit lease runs to March 31, 2027 @ $1700/mth + power/gas. Lower unit lease runs to October 31, 2027 @ $1400/mth + power/gas. This property checks all the boxes that a savvy investor is looking for. Contact a Realtor to book a showing today and let this turn-key investment start working for you. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Extra Room 1 Lower level 10.58 Ft x 9.83 Ft Bedroom

Extra Room 2 Lower level 10.58 Ft x 9.92 Ft Bedroom

Extra Room 3 Lower level 4.92 Ft x 8.83 Ft 3pc Bathroom

Extra Room 4 Lower level 16.75 Ft x 19.83 Ft Family room

Extra Room 5 Main level 12.17 Ft x 11.92 Ft Primary Bedroom

Extra Room 6 Main level 8.58 Ft x 4.92 Ft 3pc Bathroom

Interior

Cooling None

Flooring Carpeted, Tile, Vinyl Plank

Exterior

Parking Features No

Fence Not fenced

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Architectural Style Bi-level

Others

Ownership Freehold

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Listed by RE/MAX Grande Prairie

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Mark Weiland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 805-0888

1markweiland@gmail.com

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7418 112 Street