Property Details

1-5, 105 7 Avenue W
Hanna (A2281957)

$229,000
1,352 ft²
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Interest Rate
Loan Amount
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Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

This fully rented 5-unit apartment building is centrally located in the town of Hanna, just minutes from the hospital and nearby amenities. The property offers a desirable unit mix consisting of four one-bedroom units and one two-bedroom unit, all occupied by long-term tenants, providing stable and consistent rental income. Each unit is equipped with a fridge and stove, and tenants have access to a shared coin-operated washer and dryer. The building features a durable metal roof, helping to reduce long-term maintenance costs. While the property requires some TLC, it presents a solid value-add opportunity for investors looking to enhance returns over time. A well-located income property with upside potential, ideal for expanding or starting a rental portfolio.

Property details

Basic Info

MLS® #
A2281957
Property Type:
Multi-Family
Subtype:
Apartment
Subdivision:
NONE
Price
$229,000
Sale/Lease:
For Sale
Size:
1,352 sq.ft.
Year Built:
1945 (81 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Zoning:
R2

Listing Info

Possession:
Negotiable
Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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