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$ 495,000
Est. payment /mo
New
1023 Cassils Road W Brooks, AB T1R0C8
1,760 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $281
Subdivision West End
MLS® Listing ID A2274968
Style Bi-level
Year Built 1976
Lot Size 8,993 Sqft
Acres 0.20646396
Property Sub-Type Freehold
Source REALTORS® Association of South Central Alberta
Property Description
Excellent fourplex investment opportunity in Brooks. This well maintained revenue property features four bi level units, each offering two bedrooms and a functional layout that appeals to long term tenants in the local rental market. The property has seen several key capital improvements over the years, including updated windows, some furnaces, and some hot water tanks. A major upgrade was also completed with the installation of a truss roof system, replacing the original flat roof and adding long term durability and peace of mind for future ownership. The fourplex currently generates $4,075 per month in gross rental income, with upside potential through future rent adjustments. With strong tenant demand for two bedroom units in Brooks, this property presents a solid opportunity for investors looking to add stable cash flow to their portfolio. Whether you are an experienced investor or looking to enter the multi family market, 1023 Cassils Road West offers a combination of location, improvements, and income potential that is hard to find. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Central heating, Forced air,
Flooring Carpeted, Ceramic Tile, Laminate
Exterior
Parking Features No
Fence Not fenced
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Architectural Style Bi-level
Others
Ownership Freehold
Listed by CIR REALTY
Huna Yoo
Founder of HUNA Real Estate Company | License ID: V98725
+1(778) 322-6647 | huna.yoo.22@gmail.com