INVESTOR ALERT! Welcome to the charming town of Three Hills and this exceptional investment opportunity. This duplex is half of a four-plex with identical bi-level corner units (front to back). Each unit has a private entrance, dedicated furnace, and hot water tank. Each unit has approximately 890 sqft of finished space and features two bedrooms, one 4-piece bathroom, spacious open living/dining area, a vaulted ceiling, and a large storage room. Plus, the duplex has 4 dedicated gravel parking stalls providing convenience for tenants.
The building has been impeccably maintained and features a quiet location centrally located within walking distance to downtown, Anderson Park, Kinsman Park, aquatic centre, splash park, childcare services, Kneehill Medical Clinic and Three Hills School.
Three Hills is a vibrant community located in the heart of Alberta, just 130 kilometers northeast from Calgary. The local economy is diverse, with a range of businesses spanning healthcare, agriculture, and retail. It's a town with a strong sense of community and a high quality of life. The town is known for its excellent education system, with Prairie College and the Three Hills School District providing world-class education opportunities.
So, if you're an investor or a homeowner looking for an attractive investment opportunity with positive net operating income, a solid capitalization rate, proven rental history, in a community with low vacancy rates, this property warrants a closer look. Please contact me today to learn more about this unique opportunity.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Home Style:
Bi-Level, Side by Side
Total Living Area:
1,756.58 sq. ft.163.19 m2
Main Level Finished Area:
916.21 sq. ft.85.12 m2
Below Grade Finished Area:
840.37 sq. ft.78.07 m2
Lot Frontage:
31'9½"9.69 m
Year built:
2005
(Age: 18)
Bathrooms:
-
(Full:-, Half:-)
Plan:
0111387
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Garage:
0
Parking:
Alley Access, Gravel Driveway, Parking Pad
Parking Places:
4.0
Parking Total/Covered:
4 /
-
NONE
Electric Range, Range Hood, Refrigerator, Window Coverings
N/A
None Known
Title to Land:
Fee Simple
Interior Features:
No Animal Home, No Smoking Home, Open Floorplan, Pantry, Storage, Vaulted Ceiling(s)
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