403-630-1223
10
205 Reed Avenue, #1-7
$439,900 Sale
Listed 6 hours ago
· 0
· 0
· 10
· 2200
Key Facts
Key facts for 205 Reed Avenue, #1-7
Property Type
Apartment
Parking
10 parking
MLS #
A2257846
Size
2200 sqft
Basement
-
Listed on
-
Lot size
-
Days on Market
-
Year Built
1999
Maintenance Fee
-
Description
Multi-Unit Investment Opportunity – Located just 1 hour south of Lloydminster, this fully occupied multi-family complex is an excellent revenue property. The building features 7 units with a total of 10 bedrooms, offering strong rental demand in the region. The Main Floor Units feature 4 one-bedroom... suites, each with private access to a spacious wrap-around deck leading to the exterior parking area. The Lower Level units feature 3 two-bedroom suites, providing comfortable layouts ideal for long-term tenants. All suites are equipped with a kitchen, living room, and full 4-piece bathroom, with convenient access to shared laundry facilities. Additional highlights include electrified exterior parking and the advantage of an on-site property manager who oversees tenant move-ins/outs and building maintenance. Currently at full occupancy with a waiting list, this property provides consistent cash flow and serves a strong demand for affordable housing in Alberta’s oil patch.
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Courtesy of: LPT Realty
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