Multi-Family For Sale

Devon, Alberta

EXCELLENT INVESTMENT LOCATION & OPPORTUNITY steps to the NORTH SASKATCHEWAN RIVER. Featuring a 5 PLEX APARTMENT COMPLEX situated on 240x140 4 MERGED LOTS with room for development. The lots are zoned RF3-MEDIUM DENSITY RESIDENTIAL. The property features 4 2-BEDROOM UNITS & 1 1-BEDROOM UNIT. There is a 24 x 64 OVERSIZED GARAGE with 4 storage garage & 1 walk-in storage & PAVED PARKING for 12 vehicles. EACH UNIT features a KITCHEN, LAUNDRY, BATHROOM, REAR DECK & SEPARATE UTILITIES with individual furnaces, HWT & electrical meters. LONG TERM SENIOR-FOCUSED TENANTS with some tenure of over 20+ years and a WAITLIST for a unit. The building is WELL MAINTAINED and in GREAT CONDITION, the SEWER MAIN LINE was REDONE and UPGRADED in January 2024. Very good opportunity for adding more units to maximize profit or keep how it is currently being operated. Great location on Saskatchewan Avenue close to the River Valley, minutes to Edmonton, EIA & all the amenities. DONT MISS THIS OPPORTUNITY TO OWN THIS INVESTMENT! (id:36938)

Calgary, Alberta

Investment opportunity to own a legal four-plex featuring identical 3-bedroom bi-level units, each with 1.5 bathrooms and washer/dryer hook-ups. Conveniently located in the community of Mayland Heights, only a 7-minute drive to Downtown and within walking distance to the grocery store, recreational parks, and tennis courts. Each unit is equipped with its own furnace and hot water tank, with tenants responsible for their utilities. The property is fully leased, with every unit having separate entrances and just over 1200 sqft of rentable space. These generously sized bi-level units offer a spacious upper level comprising a living room, kitchen, dining area, laundry room, and half bath, while the lower-level hosts three bedrooms and a full bathroom. Situated on a M-C1 lot measuring 120 ft. x 50 ft. The property includes rear parking with four stalls and ample street parking. (id:36938)

Calgary, Alberta

NICE 4 PLEX IN AN IDEAL LOCATION CLOSE TO ALL AMENITIES WITH EASY TRAFFIC ROUTES AND TRANSIT/LRT READILY AVAILABLE ! All 4 units are 2 BEDROOM UNITS WITH 1 full bath, each with front and rear entries. Also, there are 4 covered parking stalls in the rear-one for each tenant. All 4 units are currently rented, generating a net monthly rent of $5580. This is a fabulous, central location, just off Mcleod Trail making it very desirable and easy to rent. This is a great holding property generating good income with the potential to be a valuable land play. Great opportunity for the savvy investor! (id:36938)

Calgary, Alberta

Attention investors! Legal 4-plex with 4 suites each with 1150ft2 developed. All Three bedroom, one bathroom, separate laundry rooms, separate meters and many updates including mechanicals. Current configuration: two long term rentals $1400 each plus utilities and two well established airB&B units renting at $150/ night. Lots of parking out back (4+). RMS Square footage for 1821 listed but 1819 should be the same for a total of about 2500ft2 developed. A tidy building with flexible income opportunities for the retail investor! Call your favorite Realtor today for more information! (id:36938)

Edmonton, Alberta

BEST MAINTAINED ROOMING HOUSE IN ALL OF EDMONTON AVERAGING OVER $85,000.00 A YEAR NET PROFIT! THE TAJ MAHAL OF ROOMING HOMES! CREATIVE FINANINCING AVAILBLE FOR THIS EXTREMLY WELL MAINTAINED 21 SUITE ROOMING HOME! Located in Downtown Edmonton this property has GENERATES FANTASTIC REVENUES and BOASTS 21 SUITES, 4 BATHROOMS (2 ON EACH FLOOR), COIN OPERATED LAUNDRY, FOB ENTRY and so much more! The lower level is currently used for storage along with office and workshop ALONG WITH IN-FLOOR HEATING. The average tenant has been long term (8 years on the average) and this property is in very good condition and managed professionally. Annual revenues for 2023 were $134,280.00 and net profits were $89,832.20 which would run over an 7% CAP RATE. This is definitely a JEWEL OF A PROPERTY AND IS A MUST SEE! OWNER WILL CONSIDER TRADES. (id:36938)

Edmonton, Alberta

With over 7,000 sf on 2 levels this property has great potential for the right buyer! The inside of the property has been stripped saving you the demolition costs. The main floor is about 4160 sq ft and has 10' ceilings. It is heated by a boiler system, has an overhead door and high amp power. The 2nd floor consists of 5 rental suites, is about 3200 sq ft and has 9' ft ceilings and newer vinyl windows. The suite mix is 2 bachelor suites, 2 - 1 bedroom suites and a large 2 bedroom suite. This property is zoned CB1 which provides for a variety of permitted and discretionary uses situated on 2 lots. This property is located in a prime McCauley location. Close to all amenities and has quick access to Yellowhead Trail. The property is sold as is where is. The community is seeing a fair amount of redevelopment and this is right on the main roadway from downtown to and past the Stadium. Parking is on the side of the building. (id:36938)

Calgary, Alberta

Attention Investors! With a lucrative 7.8% CAP Rate, seize this prime opportunity to benefit from an updated and fully rented 4-plex. Alternatively, generate rental income while awaiting permits for your development plans. Nestled in the highly desirable Bankview area adjacent to Buckmaster Park, this property offers easy access to Calgary's vibrant Beltline entertainment and arts district. Boasting a monthly Gross Income of $7,555.00, all tenants have been meticulously vetted within the past year and have signed leases where the utilities are paid by the tenants. The building comprises 5 units, with 4 compliant with city regulations, including a top-floor 2-bedroom unit, a 1-bedroom unit, and a bachelor unit on the main floor, as well as rear walk-out 1-bedroom units. Engineered for low maintenance, the property features a roof replacement approximately 8 years ago, all copper wiring, absence of poly-b plumbing, and furnace-forced air heating in all units. Comprehensive documentation such as RPR, sewer and electrical inspections, proforma, floor plan, and 3D tour are available for review. Elevate your investment portfolio today with this exceptional opportunity! (id:36938)

Calgary, Alberta

112 - 44 Avenue NW | In The Heart Of Highland Park | Rare Opportunity | M-C1 Zoning | 5 Suite Multi-Family | Rear Parking | Building Is Situated On A Prime 7,061 SQ FT Lot | Steps To The Future Centre Street Green LRT Line | Side & Back Lane Access |Great Investment & Holding Opportunity For Redevelopment | Suite Mix (2) Two-Bedroom Units & (3) Bachelor Units (Possible Extra Bachelor Unit) See Floor Plans| Easy Access To University Of Calgary, SAIT, Foothills & Children's Hospitals | Great Access To Downtown | A Rare Opportunity To Own A Prime Investment Property | No Other Interior Photos Of Units At Request Of Tenants | See Full Floor Plans In Photos. (id:36938)

Calgary, Alberta

Property is a legal 4-plex on a large lot on a pretty Southview street. Photographs are for Unit "D" currently a successful AirB&B. Three units have long term renters with a stated gross income $6100 (TBV) + tenant pay utilities (all separate meters). Total living space per unit is a spacious 1188 ft2, each private unit (one on each corner) has 3 large basement bedrooms and 4 pc bath and their own parking stall. Good setup and solid income in a family friendly location near shopping on 17th, all levels of schools, express transit with lots of greenspace nearby. Southview is close to the core with all the recent infrastructure projects makes for a great future ROI with net positive income! Invest in Calgary's phenomenal growth or live in one unit while the others pay your mortgage! (id:36938)

Fox Creek, Alberta

Centered between Edmonton and Grande Prairie (2 and 1/2 hours, NW of Edmonton and 2 hours from Grande Prairie) Fox Creek is an industrial town predominantly driven by oil and gas. Newly renovated 12 unit apartment for sale in the heart of Fox Creek. This property is perfect for working professionals looking for 2 or 1 bedroom accommodations. Owners self manage this building and take pride in looking after their tenants and property. Recently renovated units with new cabinets, flooring, paint, new asphalt shingled roof in 2022 , some new windows, and upgraded patios. Clean entries and halls. Common area laundry room is available downstairs. Located on a corner lot with paved parking. Well maintained and great curb appeal. Strong investment property. Room for further revenues. Good for new and experienced investors looking to own. 3 furnished suites. (id:36938)

Sylvan Lake, Alberta

1.69 Acre multi-family building site in the very popular-strategically located Iron Gate subdivision-Sylvan Lake. Ready to build on-this 1.69 acre multi-family site has all services to the property line and is ready for development. The property fronts onto 1 Irvin Way, is surrounded by a paved lane way on three sides, and backs onto the 7.98 acre commercial development site. An incredible site for an apartment, adult living or townhomes. There are numerous homes under construction in this subdivision and an existing commercial development in Iron Gate. The surrounding area is Sylvan Lakes main shopping area with all amenities with in walking distance including Wal-Mart, Canadian Tire, Sobey's, no frills, restaurants, medical and more. (id:36938)

Edmonton, Alberta

Recently Renovated 8-Unit Apartment Building Available Now! This is your chance to own a piece of prime real estate with a stunning, income generating 100% OCCUPIED apartment building. Recently updated, this property boasts a fresh look and modern amenities throughout, ensuring long-term value and great cash flow. All units (except one) have been renovated with brand new flooring, cabinets, stylish quartz countertops, and newer bathrooms. Solid Building Infrastructure: Rest assured with a newer tar/gravel roof, newer hot water tanks and an upgraded weeping tile system for better drainage. Fresh Appeal Inside & Out: Enjoy a bright and inviting atmosphere thanks to a full interior and exterior repaint in a contemporary color scheme. New flooring throughout the hallways and staircases adds the finishing touch. Don't miss this excellent opportunity to invest in a worry-free property close to Kingsway, NAIT, DT & Transit. (id:36938)

Lethbridge, Alberta

Exciting opportunity to redevelop a spectacular property less than a block from the Regional hospital, possibilities are numerous only limited by your imagination and rezoning. Parcel currently has 3 single family homes, 147' of frontage on 16 st., lot depths = 129'. House 1 = 929, 2 = 933, 3 = 937 - 16 st south. (id:36938)

Rural Lacombe County, Alberta

A very rare find! Great location your new revenue property awaits! The 4 plex consists of 2- 3 bedroom units & 2 – 2 bedrooms units. Updates over the last 2 years have been a new septic tank and drilled waterline to the outbuilding, new chlorine mixing tank, new injection pump, and new chlorine holding tank & most of the all of the heat controller valves have been replaced for the furnace system. (id:36938)

Calgary, Alberta

7110 & 7112 Hunterville Road NW – Fantastic Location! | Excellent Investment Property | Side By Side Duplex Is Located Perfectly In Huntington Hills On A 64 FT x 110 FT Lot | You Can Acquire This One Property | Two Other Properties Are Also Available So You Can Purchase One, Two or ALL Three In A Row | See MLS A2129742 For the combined Package of the following properties - Linc 0019333376 - 7116 & 7114 Hunterville Road NW (One Title for both sides) | Linc 0019341585 - 7112 & 7110 Hunterville Road NW (One Title for both sides) | Linc 0019341577 - 7108 & 7106 Hunterville Road NW (One Title for both sides) | Just Minutes To Superstore, Playgrounds, Pool, & Transit! Steps to Huntington Hills School, John G. Diefenbaker High School, Sir John A. Macdonald School, St. Helena School, St Henry Elementary School | R-C2 Zoned (id:36938)

Magrath, Alberta

Fantastic opportunity to purchase a 6 unit multifamily property located in the Town of Magrath (only a 20 minute drive from Lethbridge). This 6 plex was completed in 2010 and has 3 units up and 3 units down. Each are about 1000 square feet and include 2 bedrooms, 1 bath, a kitchen, a dining area, and a living room. The top units have air conditioning and also have access to a deck off the back. The lower units have a covered entrance and have in-floor heat as well as forced air. Each unit has it's own furnace and on-demand water heater. The spacious bathrooms include a tub/shower and a separate walk-in shower. The kitchens have plenty of cupboards and counters and each have an island for more storage and work space. The units were designed for accessability with larger door and hallway openings. The exterior is Hardie board and stone. The property has concrete ramps, concrete steps and a concrete parking pad. Each parking stall has an electrical outlet which is connected to it's individual unit. Each unit has its own electrical panel and meter. The properties permitted use is a Senior Supportive Housing Facility. It is located just a block away from most of Magrath's amenities including groceries, the post office, pharmacy and doctor's office. Come check out this great investment opportunity! (id:36938)

Calgary, Alberta

Amazing investment opportunity! The ideal location close to bus routes and future Transit. Each side has the similar layout with the a bright front living room, a oversized kitchen with plenty on cupboards and storage opening onto the dinning room and comes with vaulted ceilings, laminant floors and a private north facing backyard. The oversized double detached garage one one side.(432). Each side has three generous sized bedrooms and full bath on the lower level. Close to all amenities and minutes away from downtown. This quiet neighbourhood has a lot to offer parks, schools, shopping. Currently Rented call for details. Close to Nosehill Park and Confederation Golf Course. (id:36938)

Fort Mcmurray, Alberta

Welcome to 221 Sitka Drive: This side-by-side single-title duplex presents an exceptional investment opportunity, currently generating a total rental income of $7,600 per month. With four units under one roof—two lower and two upper suites—this property offers a lucrative venture for savvy investors. Long-term renters, who express a desire to remain, currently occupy the units, showcasing the stability and reliability of this investment. The property has been meticulously maintained by the current owner, ensuring a turnkey experience for the new owner with new shingles replaced in 2018 and new front decks and stairs in 2022 while the stucco was painted in 2020.Inside, each unit features cohesive finishes, with the upper suites boasting gas fireplaces and hardwood floors, while the lower units offer luxury vinyl plank flooring and electric wall heaters. Additionally, each unit is equipped with its own laundry facilities, hot water tanks, and heat source. The layout of each unit is similar, comprising an open living space, spacious kitchen, and two bedrooms along with a four-piece bathroom. Most of the furniture throughout the units is included in the sale, enhancing the convenience for both the new owner and tenants.One of the upper units stands out as more executive, featuring a second bathroom and central air conditioning for added comfort.Nestled on a large, fully fenced corner lot, the property offers parking for up to eight vehicles in front and backs onto green space and parks. Its central location in the heart of Thickwood provides easy access to retail stores, bus stops, and schools, adding to its appeal and investment potential.Don't miss out on this opportunity to expand your real estate portfolio. Schedule your tour today and seize the potential offered by this full duplex. (id:36938)

Calgary, Alberta

7114 & 7116 Hunterville Road NW – Fantastic Location! | Excellent Investment Property | Side By Side Duplex Is Located Perfectly In Huntington Hills On A 64 FT x 110 FT Lot | You Can Acquire This One Property | Two Other Properties Are Also Available So You Can Purchase One, Two or ALL Three In A Row | See MLS A2129742 For the combined Package of the following properties - Linc 0019333376 - 7116 & 7114 Hunterville Road NW (One Title for both sides) | Linc 0019341585 - 7112 & 7110 Hunterville Road NW (One Title for both sides) | Linc 0019341577 - 7108 & 7106 Hunterville Road NW (One Title for both sides) | Just Minutes To Superstore, Playgrounds, Pool, & Transit! Steps to Huntington Hills School, John G. Diefenbaker High School, Sir John A. Macdonald School, St. Helena School, St Henry Elementary School | R-C2 Zoned (id:36938)

Edmonton, Alberta

This 9 Unit Multi-Family property is located at 12321-82 Street NW in Edmonton, Alberta. It is a 2.5 storey wood frame building with a concrete foundation originally constructed in 1968 and there are 2 Bachelor; 4 One BR; plus 3 Two BR suites. The exterior is covered with brick, stucco and siding and there are 6 balconies. The roof was replaced in 2017 and the boiler is original and serviced. This is an EXCELLENT VALUE ADD opportunity for the right buyer!! Close to Yellowhead Freeway, major arterial roads, and transit stops for commuting. Great for Tenants with a Walkscore of 73. Catch the wave of rising rents to higher net operating incomes and it's a great candidate for CMHC MLI Select insured financing. Recently Appraised at over $950,000. APOD/Proforma numbers are projected. Property is being sold AS-IS WHERE-IS. It is anticipated that Units 4 & 6 will be repaired and operating by July 15, 2024. (id:36938)

Legal, Alberta

Residential Commercial Mix...8-2-bedroom residential units on the upper floor and 12-bedroom unit on the main floor. There are 4 office spaces on the main floor of which one is rented on a month-to-month basis, one is used as a management office and two are used for storage. The lounge has a seating capacity of 70 and the restaurant has an approximate 100 seating capacity. The lounge and restaurant are now under new management with a 5 year lease with the option to renew for another 5 years. The roof was reroofed in 2019, the windows on the upper floor were all replaced with vinyl windows in 2022. (id:36938)

Edmonton, Alberta

First time investors or add to your portfolio here is a a 9 suite apartment located close to downtown and easy access to the Yellowhead. There are 3 two bedroom units, 5 one bedrooms and one bachelor unit. Located on a main public transportation route and close to NAIT. This is a 2 storey, wood frame walk up with 8 parking stalls in the back of the building. (id:36938)

Sylvan Lake, Alberta

Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 7 unit multi-family complex located just half a block from the picturesque beachfront. This exceptional property presents an ideal revenue-generating asset, boasting a strategic location, versatile unit configurations, and exciting possibilities for high-density development. This multi-family gem comprises 5 one-bedroom units, each equipped with a well-appointed bathroom. Additionally, the complex features a two-bedroom unit with a bathroom and completing the ensemble is a bachelor suite totaling 7 suites. One of the suites is a basement suite with a washing machine, plus one of the suites has a washer and dryer. The roof was done in 2014. The strategic location and zoning create a solid foundation for capitalizing on the growing demand for housing in Sylvan Lake. Rents for $7000.00 per month. The adjacent lot MLS # A2104762 is for sale. (id:36938)

Medicine Hat, Alberta

Excellent opportunity for real estate investors looking for a multi-unit building. This 6 unit apartment enjoys a central location on the quiet SE Hill and overlooks a beautiful park; which is almost an extension of the property. Five 2 bedroom units and one 1 bedroom unit. All units come with a fridge, stove and dishwasher. Free laundry is available for tenants and off street parking at the rear of the building. Recent updates to the building: Roof - 5 Years ago, New Boilers x 2 - 2022, Backflow Preventer installed and Washer & Dryer - 2022. 3 of the suites have been updated/Renovated 2022/2023. Enhance your investment portfolio by adding this property today. For a private tour or additional information, please don't hesitate to contact us. (id:36938)