2461 Mamawintowin Drive Wabasca, Alberta T0G 2K0

$925,000

Must see incredible investment opportunity in residential Wabasca! This immaculate 15-unit apartment block sits on a spacious and heavily tree lined 2.8 acres – plenty of room for future expansion of another building unit. Constructed in 2002, this well-maintained building has two entrances, each unit has an ample size balcony; not to mention plenty of parking- each unit has powered parking with 2 assigned stalls and plenty of visitor parking in the large parking lot. Green space area for outdoor activities and a storage shed for equipment storage. The building is monitored by an Armstrong alarm system, fire protection system. A large glycol boiler provides in-floor heat to the building and all the common areas are air conditioned. The boiler/mechanical room is located on the main floor and coin operated laundry on the 2nd and 3rd floors. Each 2-bedroom unit ranges from 800-900 SQFT and includes standard appliances; stove, fridge, dishwasher and a 4pc bathroom. This apartment has had consistent and long-term occupancy since it’s inception and has proven to be a profitable investment – don’t miss out on this opportunity! Consistent revenue stream and all tenants are assumable! (id:36938)

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https://www.realtor.ca/real-estate/25610597/2461-mamawintowin-drive-wabasca