Provost, AB T0B 3S0,5115 51 ST
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Provost, AB T0B 3S0,5115 51 ST
Provost, AB T0B 3S0,5115 51 ST
Provost, AB T0B 3S0,5115 51 ST
Provost, AB T0B 3S0,5115 51 ST

$685,000

Est. payment /mo

$699,000

2.0%
Est.Price: ?

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5115 51 ST Provost, AB T0B 3S0

SOLD DATE : 08/30/2023

Key Details

Sold Price $685,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Provost

MLS® Listing ID A2067704

Sold Date 08/30/23

Originating Board Lloydminster

Year Built 2013

Annual Tax Amount $8,795

Tax Year 2023

Property Description

Are you searching for an excellent real estate investment that promises steady returns? Look no further than this remarkable 6-unit rental property located in the charming town of Provost. Boasting four 1-bedroom and two 2-bedroom units, all fully furnished with existing leases in place, this property offers an enticing prospect for savvy investors seeking a stable income stream. The top 4 units have central air conditions and all units have granite counter tops. Investors will appreciate the immediate returns this property generates, as all six units come with existing leases firmly in place. This means you can start earning rental income from day one of your ownership. With a history of stable tenancy and competitive rental rates, this investment presents a secure opportunity to add to your portfolio or make an auspicious entry into the real estate market. Notably, every unit is delivered fully furnished, adding value to the property and appealing to tenants looking for a hassle-free move-in experience. From stylish furniture to functional appliances, tenants will feel at home right away, while investors can enjoy a higher rental premium for the furnished units. A standout feature of this rental property is the inclusion of a second lot dedicated solely to parking. Parking can often be a challenge for urban dwellers, but this property eliminates that concern, ensuring a convenient and attractive living option for potential tenants. This additional amenity further enhances the property's appeal, attracting a broader tenant demographic and enhancing its overall value. With a consistent track record of attractive returns, this 6-unit rental property is not just a residence, but a solid investment opportunity. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer eager to capitalize on the rental market's potential, this property offers a compelling chance to secure your financial future.

Location

Province AB

County Provost No. 52, M.d. Of

Zoning R3

Others

Restrictions None Known

Tax ID 56964531

Ownership Private

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Listed by CENTURY 21 CONNECT REALTY

Jasben & Felix Lai/Chan

+1(587) 840-9090

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