Description

7.4% return. This fully rented legal fourplex is well maintained and in a quiet 100% residential neighborhood. Each unit is approximately 900 square feet and has two bedrooms, one bathroom and laundry. All four units are almost identical floorplans and have five appliances. The lower suites have very large windows, and the upper suites have decks. The lot is 80??? x 127??? with back lane access and 7 parking stalls that have plug-ins. All furnaces and hot water tanks were replaced in 2013 and are high efficiency. All electric panels are 100 amp; two were replaced in 2013 and two in 2021. Each unit is separately metered for electricity, natural gas and water & sewer. The building is in very good condition and has a trouble-free metal roof. It is less than three blocks walking distance to downtown High River, Spitzee School, High River Hospital and George Lane Park. Please click the multimedia tab for an interactive virtual 3D tour and floor plans.