7418 115a Street, Grande Prairie, Alberta T8W 0J3

Listed for:
$499,900
5 beds
3 baths
Listed 6 days ago
7418 115a Street, Grande Prairie, Alberta T8W 0J3

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About

LEGAL UP/DOWN DUPLEX! Here is your chance to smartly invest in real estate. Excellent investment opportunity in Westpointe. This legal up/down duplex offers tenants already in place in the basement suite, until the end of August. Upstairs will be vacant by the end of March. So now is your opportunity to move in, live upstairs, and allow the basement to generate you some income to help with your mortgage! Or, add this one to your already thriving portfolio. The upper unit features 3 bedrooms and 2 bathrooms, including a private ensuite off the primary bedroom. An open-concept floor plan, with vaulted ceilings, stainless steel appliances, and a walk-in pantry, large living area, and your very own storage room/laundry room. The lower suite includes 2 bedrooms and 1 bathroom with a private entrance, plus 2-3 parking stall spaces with back alley access. Another very functional layout in this suite, with generous ceiling height, full size windows, a spacious living room, dining area, even a storage room, with your very own laundry. Both units have NEW Washers and Dryers. Both have Hot Water on Demand! Each unit is separately metered for electricity and gas, while water is included in the rent/owner pays for—making for simplified management. The basement suite is rented for $1550 per month, no pets. Current rents mean you could achieve $1600/$1650 per month for the basement. Upstairs will rent out for $1800+. Tenants pay their own electricity and gas. A strong addition to any portfolio. Basement pictures are from when vacant, however show true to those photos still. TOUR THROUGH and see how this purchase just might make the most sense for you - and keep the cost of living down. (id:27476)

Property Highlights

MLS® Number
A2288442
Type
Multi-family
Community Name
Westpointe
Ownership Type
Freehold
Land Size
0.08 ac|0-4,050 sqft
Parking Space Total
4

Building

Square Footage
1014 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
5
Amenities
Park, Playground, Schools, Shopping
Exterior Finish
Concrete, See Remarks, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Separate entrance, Suite
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
Grassroots Realty Group Ltd.
MLS® number:
A2288442
Agent:
Kaila Stobo
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