Centrally located in the lovely community of Bassano, this well maintained 4 unit multi-family property offers an excellent investment opportunity with stable rental income and low management complexity. Designed in a row style layout, each 1-bedroom suite features a functional floorplan complete with a kitchen, living room, bedroom, full bathroom, in-suite laundry with washer and dryer, plus a dedicated utility room. A covered rear patio spans the full width of the building, providing tenants with added privacy, outdoor enjoyment, and shelter from the elements. Individually metered gas and power make utility management simple, with tenants responsible for their own usage. Current rental income is $725/month per unit. The property has been consistently cared for over the years and offers an attractive setup for both seasoned investors and those looking to expand their portfolio. The seller currently covers town water and sewer, property taxes, and insurance. This is a solid income-producing property in a convenient location close to amenities and services. (id:51989)
Features of 437 3 Avenue
- MLS® Number A2309383
- Price $435,000
- Square Footage: 2356 sqft
- Property Type: Multi-Family
- Amenities Near By Airport, Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping
- Community Features Golf Course Development
- Parking Space Total 5
- Plan 3872t
Buildings
| Appliances | Refrigerator, Stove, Window Coverings, Washer & Dryer | Architectural Style | Bungalow |
| Basement Type | Crawl Space | Constructed Date | 1975 |
| Construction Style Attachment | Attached | Cooling Type | None |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Stories Total | 1 | Size Interior | 2356 Sqft |
| Total Finished Area | 2356 Sqft | Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| Other |
Land
| Acreage | No | Fence Type | Not Fenced |
| Land Amenities | Airport, Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping | Landscape Features | Lawn |
| Sewer | Municipal Sewage System | Size Irregular | 697.21 |
| Size Total | 697.21 M2|7,251 - 10,889 Sqft | Size Total Text | 697.21 M2|7,251 - 10,889 Sqft |
| Zoning Description | R2 |
Agents and Offices
- Julie Jenkins
- Office: Real Estate Centre