About 614 1 Street Street Ne
$2800 per month rental income plus Utilities paid by tenants. Great Rental Duplex, Side by Side, Two Units approximately 1000 sq ft each, very well maintained units comprising of two bedroom and one bathroom per unit, undeveloped basements with the potential to add further bedrooms and living space. Town would also support rezoning to a 4 plex. Centrally located in Sundre where rental properties are rare especially multi unit, this property is close to the police station and hospital and make great rentals for professionals moving to town. One unit is rented from Dec1st at $1500 plus utilities and has been professionally repainted with new flooring in the bedrooms, Sundre has a severe shortage of rental property and finding good tenants is easy in a small town. Other tenant currently pays $1300 plus all bills and this could easily be increased. Or buy this wealth builder, live in one side and rent the other !!!! Inside you will find bright open units with a large living and dining area, wood burning stove in one unit and fireplace in the other, patio doors out onto a small private deck. Each unit has two bedrooms and one 4 piece bathroom, Downstairs the basements are undeveloped but could easily be finished to add further bedrooms and a bathroom. They have fireplaces in the basement and large windows so would make comfortable additional living space. Outside is back lane access to a parking pad for each unit and a small easily maintained garden, fenced between the two units. These units face out onto Snake Hill Park and are easy walking distance to the hospital, schools and amenities. Sundre is a growing community with a ZERO Rental Vacancy Rate. The town is open to transforming the basements into suites but would need to follow all requirements and the property would need to be rezoned to R2.
Features of 614 1 Street Street Ne
MLS® # | A2126158 |
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Price | $429,000 |
Bathrooms | 0.00 |
Square Footage | 2,010 |
Acres | 0.00 |
Year Built | 1975 |
Type | Multi-Family |
Sub-Type | Duplex |
Style | Bungalow, Side by Side |
Status | Active |
Community Information
Address | 614 1 Street Street Ne |
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Subdivision | NONE |
City | Sundre |
County | Mountain View County |
Province | Alberta |
Postal Code | T0M1X0 |
Amenities
Parking Spaces | 4 |
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Parking | Off Street, Parking Pad |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Ceiling Fan(s) |
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Appliances | Dishwasher, Dryer, Electric Stove, Refrigerator, Washer |
Heating | Forced Air, Natural Gas |
Cooling | None |
Fireplace | Yes |
# of Fireplaces | 4 |
Fireplaces | Basement, Family Room, Living Room, Wood Burning, EPA Certified Wood Stove |
# of Stories | 1 |
Has Basement | Yes |
Basement | Full, Unfinished |
Exterior
Roof | Asphalt Shingle |
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Construction | Brick, Concrete, Vinyl Siding |
Foundation | Poured Concrete |
Additional Information
Date Listed | April 25th, 2024 |
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Days on Market | 10 |
Zoning | R1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Real Broker |
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