All, 1 3 Avenue SE Falher, Alberta T0H 1M0
$450,000
Investment opportunity with this 5-unit rental building located in the community of Falher. The property offers a well-balanced mix of unit sizes, making it attractive to a wide range of tenants. The building includes a 3-bedroom, 1-bathroom unit (Unit 1) that has seen several recent upgrades, including all new windows, new countertops, a new sink, and a new stove. Unit 2 is a 1-bedroom, 1-bathroom unit, while Units 3 and 4 each offer 2 bedrooms and 1 bathroom. Unit 5 is a 1-bedroom, 1-bathroom bachelor-style suite. Each unit is equipped with its own private laundry, a highly desirable feature that adds convenience for tenants and enhances rental appeal. With functional layouts, thoughtful updates, and solid rental income, this property presents a strong opportunity for investors seeking stable income. Conveniently located close to local amenities and services, this Falher rental building offers long-term value and excellent income potential. Book your showing today! (id:63476)
Property Details
| MLS® Number | A2273664 |
| Property Type | Multi-family |
| Parking Space Total | 4 |
| Plan | 8820361 |
| Structure | Shed |
Building
| Appliances | Refrigerator, Stove, Washer & Dryer |
| Constructed Date | 1988 |
| Construction Style Attachment | Attached |
| Stories Total | 1 |
| Size Interior | 2,400 Sqft |
| Total Finished Area | 2400 Sqft |
| Type | Apartment |
Land
| Acreage | No |
| Size Irregular | 7780.00 |
| Size Total | 7780 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 7780 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | R3 |
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June 15 2026 11:11:34
Grande Prairie & Area Association of REALTORS®
Sutton Group Grande Prairie Professionals