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711 1st Street Sundre, Alberta T0M 1X0

6207 sqft
None Other

$1,175,000

Exceptional Sundre 2016 built 5plex, built to very high standards with a mix of spacious units, including 3 x 3-bedroom, 2-bathroom layouts and 2 x 2-bedroom, 2-bathroom configurations with in unit laundry and separate hot water tanks and furnaces per unit, Unit 5 is instant hot water. Currently fully rented to reliable tenants, boasting a stellar track record of zero vacancies for years. Enjoy a steady income stream and impressive cap rate from this investment gem. Built in 2016 near the hospital this property is utilized by the Rural Physician Program with signed leases until 2025, Spacious units with large bedrooms, ensuite masters and laundry in each unit, kitchens with large islands and quartz counter tops throughout, large windows, vinyl flooring, 4 units have heated garage spaces and driveways, Unit 5 has its own driveway. Sundre Hospital Futures Committee is committed to building a new hospital campus within the next few years and Travel Alberta has a plan to develop tourism opportunities in this zone. Only 1 hour from Calgary or Red Deer and a perfect location for all nature enthusiast, with walking trails, Rivers, Lakes and Streams, Sundre has an amazing community with lots of amenities and opportunities. (id:45388)

Property Details

MLS® Number A2128094
Property Type Multi-family
Parking Space Total 9
Plan 7610139

Building

Constructed Date 2016
Construction Material Poured Concrete, Wood Frame
Cooling Type None
Exterior Finish Concrete, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Other
Size Exterior 6207 Sqft
Size Interior 6207 Sqft
Total Finished Area 6207 Sqft
Type Multi-family

Land

Acreage No
Size Total Text Unknown
Zoning Description R2

https://www.realtor.ca/real-estate/26834209/711-1st-street-sundre

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