1-12, 1040 3rd Avenue E

1-12, 1040 3rd Avenue E

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Property Description

Co-Lister is the son of one of the property owners.! Fully rented 12 unit apartment building with management in place. Brightly painted, roof was re-done by Plato's Roofing [ Medicine Hat- 9 yrs. ago ] and windows are 6 years young. Laundry facilities in the building. All 12 units are on individual titles, which allows the new owner to hold as one revenue building, or benefit from selling the units one by one. Brooks is a vibrant and thriving community with a low vacancy rate even through the "tough times." These suites are very affordable, spacious enough for a young family and are located within easy walking distance of schools, shopping, the skate board park and bordering city bike paths. Current Low interest rates ensure a good positive cash flow ! (id:29236)

Address: 1-12, 1040 3rd Avenue E
City: Brooks
State/Province: Alberta
Zip: T1R0H4
Country: Canada
Days On Market: 36 days
Mls Number: A1061815
Property Type: Multi-family
Price: $ 980,000
Building Type: Apartment
Stories: 3
Ownership Type: Freehold
Parking Space: 16
Zoning Description: R-HD
Land Size: 13313 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
Transaction Type: For sale
Architecture Style: Low rise
Community Name: Ingram Park
Subdivision: Ingram Park
Foundation Type: Poured Concrete, See Remarks
Property Size: 4626 sqft
Bathrooms: 0
Year Built: 1976
Basement: Unknown
Foundation Type: Poured Concrete, See Remarks
Total Finished Area: 4626 sqft
Architecture Style: Low rise
Appliances: Refrigerator, Range - Electric, Stove, See remarks, Window Coverings
Appliances Included:
Refrigerator, Range - Electric, Stove, See remarks, Window Coverings
Flooring: Carpeted, Laminate, Linoleum
Basement Type: Unknown
Exterior Finish: Vinyl siding
Fireplace: Not Available
Utility Sewer: Municipal sewage system
Water: Municipal water
Land Acreage: false
Listing ID History Address Price Date
#A1061815 Listed On System 1-12, 1040 3rd Avenue E $980,000 2021-01-21

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