Active
$415,000
437 3 Avenue
Bassano
MLS® #A2309383
- 2,356 Sqft
- 697 square meters
- Built 1975
- Multi-family
- ✓ 5+ Parking Spaces
- ✓ Air Conditioning
- ✓ Spacious Layout
- ✓ Real Lot Size Listed
Centrally located in the lovely community of Bassano, this well maintained 4 unit multi-family property offers an excellent investment opportunity with stable rental income and low management complexity. Designed in a row style layout, each 1-bedroom suite features a functional floorplan complete with a kitchen, living room, bedroom, full bathroom, in-suite laundry with washer and dryer, plus a dedicated utility room. A covered rear patio spans the full width of the building, providing tenants with added privacy, outdoor enjoyment, and shelter from the elements. Individually metered gas and power make utility management simple, with tenants responsible for their own usage. Current rental income is $725/month per unit. The property has been consistently cared for over the years and offers an attractive setup for both seasoned investors and those looking to expand their portfolio. The seller currently covers town water and sewer, property taxes, and insurance. This is a solid income-producing property in a convenient location close to amenities and services. (id:66619)
Features
Interior
2,356 sqft
Lot
697 square meters
Parking
5 spaces
Heating
Forced air, Natural gas
Cooling
None
Year Built
1975
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
Estimate Your Payment
Bassano Mortgage Payment Calculator
Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
