$1,025,000

Investment For Sale In Smith, Grande Prairie, Alberta

$1,025,000

Property Information:

Brand new luxury triplex now CASH FLOWING! ALL SUITES RENTED FOR A TOTAL OF $10,000! Unit A is being rented at $2750 includes water, tenants pay power and gas. Unit B rented for $4500 a month furnished, including all utilities. Unit C rented for $2750 includes water, tenants pay power and gas. Located just two blocks from the Junction Point Professional Area, featuring two spacious 3 bed, 2.5 bath two-storey suites each with their own private garage, plus a front 4 bed, 2 bath suite, all with separate power and gas meters for each unit. Purpose-built with investor appeal in mind, this high-end multifamily asset is designed to attract premium tenants with upscale finishes throughout, including quartz countertops, birch plywood cabinetry with high-gloss soft-close hardware, Italian tile backsplash, stainless steel appliances, triple-pane windows, Ditra under-tile flooring, solid MDF shelving in closets and pantry, and oversized 4.5” baseboards. Additional features include silent WiFi-enabled garage door openers, one-piece easy-clean toilets, and a functional layout that supports strong rental demand. The property offers rear alley access with a total of six parking stalls. Unit A we are locked in on a year lease for $5575/month starting feb, fully furnished and including utilities. Unit B $2400/month 1 year lease plus power and gas starting Feb 1. The front unit is still vacant. An excellent opportunity for investors seeking immediate cash flow and long-term upside in a prime Grande Prairie location. (2 story with garage tour is under multi media, front 4 bed suite is under 3D.)

Inclusions: None

Building Features:

  • Total Finished Area: 2620.00

Property Features:

  • Architectural Style: 2 Storey Split
  • Built in: 2025
  • Construction Materials: Concrete, Stone, Vinyl Siding
  • Floor Space (approx): 2620.00 Square Feet
  • Foundation Details: Poured Concrete
  • Lot Size: 6100.00 Square Feet
  • Parking Features: Concrete Driveway, Double Garage Attached
  • Roof: Fiberglass, Shingle
  • Zoning: R
  • No. of Parking Spaces: 6

Courtesy of: Sutton Group Grande Prairie Professionals

Data provided by: Grande Prairie & Area Association of REALTORS® 10106 102 St., Grande Prairie, Alberta T8V 2V7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved