$1,200,000
Active
15 Days Online
0 Beds0 Baths6,207 SQFT

711 1St Street Sundre, AB T0M1X0

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Exceptional Sundre 2016 built 5plex, built to very high standards with a mix of spacious units, including 3 x 3-bedroom, 2-bathroom layouts and 2 x 2-bedroom, 2-bathroom configurations with in unit laundry and separate hot water tanks and furnaces per unit, Unit 5 is instant hot water. Currently fully rented to reliable tenants, boasting a stellar track record of zero vacancies for years. Enjoy a steady income stream and impressive cap rate from this investment gem. Built in 2016 near the hospital this property is utilized by the Rural Physician Program with signed leases until 2025, Spacious units with large bedrooms, ensuite masters and laundry in each unit, kitchens with large islands and quartz counter tops throughout, large windows, vinyl flooring, 4 units have heated garage spaces and driveways, Unit 5 has its own driveway. Sundre Hospital Futures Committee is committed to building a new hospital campus within the next few years and Travel Alberta has a plan to develop tourism opportunities in this zone. Only 1 hour from Calgary or Red Deer and a perfect location for all nature enthusiast, with walking trails, Rivers, Lakes and Streams, Sundre has an amazing community with lots of amenities and opportunities. (id:55532)

  • Property Type Multi-Family
  • Neighborhood N/A
  • County N/A
  • Property Tax N/A
  • HOA/Condo/Coop Fees N/A
  • Days on Site 15 Days
  • MLS® Status Active
  • MLS® ID Number A2128094
  • SqFt Source N/A
  • Year Built 2016
  • Price Per SqFt $193
  • Lot Size N/A
  • Full Baths N/A
  • Partial Baths N/A
17 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen online

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General Features

  • Parking Spaces 9
  • Zoning R2
  • Property Sub Type Multi Family
  • Foundation Slab

Interior Features

  • Cooling None
  • Heating OtherNatural Gas
  • Fireplace No

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Listing courtesy of: Sarah Kennedy of Real Broker

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