PRIME INVESTMENT OPPORTUNITY: GOOD CONDITION LEGAL FOUR-PLEX FOR SALE IN ALLENDALE - clean, tidy, and well-maintained!! All four units feature an open floor plan with 3 BDRM; full bath; separate private entrances; plus kitchen, dining area, living room, laundry, storage, & utilities. Two titled lots = 49' x 155' total. Upgrades to various units over the years: some appliances; 4 furnaces; LED lighting & ceiling fans; shingles; R-50 ceiling insulation; storm doors; plumbing fixtures, drywall, painting, carpet, and vinyl plank flooring; fencing improvements; & newer concrete walks (front to back); plus City sidewalks & road paving. Other features: aluminum soffits; capping; egress windows, fire extinguishers, smoke & CO detectors; double detached garage (with centre divider); plus City permits for basement level. Close to Southgate; LRT; Whyte Ave.; 104 St. Business District; & U of A. When at 100% occupancy, this investment operates at an attractive 6.5% cap rate. Great time to buy with low interest rates!
Working with Chris and his team was an absolute pleasure. Specifically to Chris, we found him to be very professional and he catered to our home needs as much as possible - there was no wasted time. He was able to understand our search quickly and showes us homes that fit what we were looking for, eventually taking us to the home that we ultimately chose as ours. The process was friendly and seamless. I would without hesitation recommend Chris and his team to anyone searching for a new home. Thanks again for all of your hard work and help!
- Rajan Bhatti