$1,000,000
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112 5 AVE Strathmore, AB t1p1b7
2,406 SqFt
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,406 sqft
Price per Sqft $415
Subdivision Downtown_Strathmore
MLS® Listing ID A2191627
Sold Date 04/04/25
Style Bi-Level
Originating Board Calgary
Year Built 2009
Annual Tax Amount $6,230
Tax Year 2024
Lot Size 6,000 Sqft
Acres 0.14
Lot Dimensions 50x120
Property Sub-Type 4 plex
Property Description
Now's your chance to own an income generating, residential 4 plex in Strathmore. The owners built the building in 2009 and have owned and managed it ever since and are now looking towards retirement. Strathmore has a thriving downtown area with Kinsmen park, it is walking distance to all the inner town amenities including a movie theatre, restaurants, drug store and even Town Hall is just around the corner. Featuring 4 - 2 Bedroom, 1 1/2 bath suites, each with it's own mechanical and laundry. You have some great long term tenants that are happy to stay. This 4 plex has been continually updated over the years upon tenant turnover and feature new water tanks just installed. The units are bright and sunny due to the large windows while the layouts are functional and take advantage of the great exposure. A short walk to schools, outdoor water park for kids in the summer and skating rinks in the winter. This is a great place for any perspective tenants. An R-3 zoning, with a 50 x 120 lot which has so much potential for income generation into the future. Out of respect for tenant rights and privacy, there is no sign or lockbox on site . Please do not approach - Call for any inquiries or to set up an appointment. Minimum 24 hrs. notice for appointments will apply.
Location
Province AB
County Wheatland County
Zoning R3
Rooms
Basement Finished, Full
Interior
Heating Forced Air, Natural Gas
Flooring Carpet, Linoleum
Furnishings Unfurnished
Appliance Dishwasher, Dryer, Electric Stove, Electric Water Heater, Range Hood, Washer
Laundry Lower Level
Exterior
Parking Features Alley Access, Guest, Off Street, On Street, Outside, Unassigned
Garage Description Alley Access, Guest, Off Street, On Street, Outside, Unassigned
Fence None
Community Features Fishing, Golf, Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Street Lights, Tennis Court(s), Walking/Bike Paths
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Garbage Collection, Sewer Connected
Roof Type Asphalt Shingle
Lot Frontage 50.0
Total Parking Spaces 5
Building
Lot Description Back Lane
Story 1
Foundation Poured Concrete, Wood
Sewer Public Sewer
Water Public
Architectural Style Bi-Level
Level or Stories One
Structure Type Concrete,Manufactured Floor Joist,Post & Beam,Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 92459736
Ownership REALTOR®/Seller; Realtor Has Interest
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