Welcome to 502 3 Avenue SE, a well-maintained fourplex revenue property located on the desirable SE Hill, centrally situated and within easy reach of shopping, schools, parks, and other everyday amenities.This investment property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. All units have been painted within the last two years, with three of the four suites offering durable tile and laminate flooring, while the fourth features a combination of carpet and tile. Tenants will also appreciate the convenience of shared coin-operated laundry on site. The coin laundry is supplied by BK Coin Supplies.Outside, the property offers ample parking with powered stalls for all four units, as well as a storage shed ideal for maintenance equipment and additional storage needs. The well-maintained exterior and functional layout make this property an attractive and low-maintenance investment opportunity.Whether you're looking to expand an existing rental portfolio or make your first investment in the rental market, this property offers excellent potential and steady income opportunities. (id:51989)
Features of 502 3 Avenue Se
- MLS® Number A2318200
- Price $624,900
- Square Footage: 1883 sqft
- Property Type: Multi-Family
- Community Name: SE Hill
- Parking Space Total 4
- Plan 636m
Buildings
| Constructed Date | 1969 | Size Interior | 1883 Sqft |
| Total Finished Area | 1883 Sqft | Type | Multi-family |
Land
| Acreage | No | Size Depth | 39.62 M |
| Size Frontage | 15.24 M | Size Total Text | Unknown |
| Zoning Description | R-md |
Agents and Offices
- JASON CAVE
- Office: RE/MAX Medalta Real Estate