437 3 Avenue, Bassano

$415,000

437 3 Avenue, Bassano — photo 1437 3 Avenue, Bassano — photo 2437 3 Avenue, Bassano — photo 3437 3 Avenue, Bassano — photo 4437 3 Avenue, Bassano — photo 5437 3 Avenue, Bassano — photo 6437 3 Avenue, Bassano — photo 7437 3 Avenue, Bassano — photo 8437 3 Avenue, Bassano — photo 9

About this property

Centrally located in the lovely community of Bassano, this well maintained 4 unit multi-family property offers an excellent investment opportunity with stable rental income and low management complexity. Designed in a row style layout, each 1-bedroom suite features a functional floorplan complete with a kitchen, living room, bedroom, full bathroom, in-suite laundry with washer and dryer, plus a dedicated utility room. A covered rear patio spans the full width of the building, providing tenants with added privacy, outdoor enjoyment, and shelter from the elements. Individually metered gas and power make utility management simple, with tenants responsible for their own usage. Current rental income is $725/month per unit. The property has been consistently cared for over the years and offers an attractive setup for both seasoned investors and those looking to expand their portfolio. The seller currently covers town water and sewer, property taxes, and insurance. This is a solid income-producing property in a convenient location close to amenities and services. (id:66939)

Property details

Price
$415,000
Living area
2,356 square feet
Lot size
697.21 square meters
Parking
5
Year built
1975
Property type
Multi-family
Basement
Crawl space
MLS® number
A2309383

Location

Map showing the location of 437 3 Avenue, Bassano

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Listing courtesy of Real Estate Centre. Source board: REALTORS® Association of South Central Alberta.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.