About 1-5, 439 3 Street W
Unique Investment Opportunity – 5-Suite Property, The Palace offers an excellent investment opportunity with five 1-bedroom suites, each rented at $675/month. Ideal for those looking to expand their rental portfolio, this property serves as an affordable housing option for individuals in need of stable accommodations. Situated in a mature neighborhood and accessible location, and providing essential amenities for tenants. The suites are individually occupied, ensuring a steady cash flow. With a total rental income of $3,375 per month, this property presents a solid return on investment. (Annual Potential Rental Income: $40500 Annual Expenses: Utilities: $4185, Water/Garbage: $4224, Insurance: $2785, Tax: $3026) Whether you're an investor looking for a consistent income property or someone who wants to contribute to providing accessible/affordable housing, this home is worth considering. Contact today for more details
Features of 1-5, 439 3 Street W
| MLS® # | A2193648 |
|---|---|
| Price | $235,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,982 |
| Acres | 0.00 |
| Year Built | 1948 |
| Type | Multi-Family |
| Sub-Type | 4 plex |
| Status | Active |
Community Information
| Address | 1-5, 439 3 Street W |
|---|---|
| Subdivision | West End |
| City | Brooks |
| County | Brooks |
| Province | Alberta |
| Postal Code | T1R 0E7 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Space Heater |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Exterior Entry, Finished, Full, Suite |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Asphalt Shingle |
Additional Information
| Date Listed | February 11th, 2025 |
|---|---|
| Days on Market | 3 |
| Zoning | RHD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Main Street Realty |
|---|