709 Hammond DR S, Fox Creek, AB T0H1P0
709 Hammond DR S, Fox Creek, AB T0H1P0
709 Hammond DR S, Fox Creek, AB T0H1P0
709 Hammond DR S, Fox Creek, AB T0H1P0
709 Hammond DR S, Fox Creek, AB T0H1P0
709 Hammond DR S, Fox Creek, AB T0H1P0
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Stirling Karlsen

Stirling Karlsen

+1(403) 921-3380
$ 595,000
Est. payment | /mo

2,400 SqFt

Save
$ 595,000
Est. payment | /mo
Save

2,400 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2400.0

Square Footage 2,400 sqft

Price per Sqft $247

MLS Listing ID A2325910

Year Built 1980

Property Sub-Type 4 plex

Property Description

Welcome to your new investment opportunity. This fully occupied 4-plex with fixed term leases in place will properly reward you. The building contains 4 - 3 BR,1 1/2 BA suites. Each offers a full kitchen,dining area,living room,1/2 bath and a storage room on the main floor,along with 3 BR,a full bathroom,mechanical room and laundry area downstairs. 3 suites are unfurnished and one has just been furnished with all new furniture! There are patio doors leading from the main floor living space onto the outdoor balconies. The suites are designed in a bi-level format,with the living space upstairs on the main floor and the bedrooms downstairs on the lower level. Two units face the street and the other two face the back yard. 5 paved parking stalls are located to the front of the building,coming directly off the street. The building was built in 1980 and is constructed of wood framing and a PWF foundation. It is a wood-sided building with asphalt shingles on the roof. Each of the units has a gas furnace and hot water heater. RENOVATIONS: All 4 suites have had many updates. These renos include new paint,new vinyl plank flooring,bathroom updates,2 new high-efficiency furnaces,3 new hot water heaters and all 4 new balconies. Additionally,various appliance upgrades were installed within the last two years including washers,dryers,stove,all new electrical panel upgrades in all four suites,exterior doors,interior doors and so one for more than 30.000 dollars in upgrades. 3 suites are rented unfurnished and the tenants pay their own heat,hot water and electricity and the on unti is rented furnished,with the owner paying utilities. The owner pays the monthly water and sewer costs. Current gross return on investment: 13.31%. Net return on investment: 9.28% (based on 79200.- annual income - 23940.- projected expenses)

Location

Province AB

Zoning R3

Direction S

Rooms

Basement Full, Finished

Interior

Heating Forced Air, Natural Gas

Flooring Laminate

Inclusions None

Fireplace No

Appliance Refrigerator, Stove(s), Washer/Dryer, Window Coverings

Exterior

Exterior Feature Garden

Parking Features Parking Pad, Plug-In, Stall

Roof Type Asphalt Shingle

Porch Balcony(s)

Total Parking Spaces 5

Garage No

Building

Dwelling Type Four Plex

Foundation Preserved Wood

Others

Restrictions None Known

Listed by eXp Realty

Nearby Locations

Stirling Karlsen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 921-3380

stirling@stirlingkarlsen.com

T2T 1Y5, CAN

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Stirling Karlsen, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

709 Hammond DR S