7418 112 Street, Grande Prairie, Alberta

$449,900

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5

Beds

3

Baths

1,210

Square feet

0.08

Acres

About 7418 112 Street

INVESTOR ALERT!!! Legal up/down unit with $3100/mth rental income aggressively priced to attract strong offers. The Grande Prairie investment & rental market remain very strong with low vacancy + healthy rents which offers a great combination for investors and this type of property hits the metrics on cash flow + cash on cash return(see attached investment worksheet under supplements in the listing). Upper unit offers 3 bedrooms + 2 bathrooms including ensuite in primary bedroom, it also offers a unique additional flex space that tenants can use as a living area, office, gym area or play area. Lower unit offers 2 bedrooms + 1 bathroom with great ceiling heights and window sizes. Alll the little things that make a landlord’s life easier have been looked after: separate power & gas meters, Each unit has private laundry, triple wide parking pad at the rear of the property, low maintenance landscaping, soundproofing between units, etc. The effective age of the property provides piece of mind that replacement on capital investment is still well into the future which allows time to generate cash flow and plan accordingly. Upper unit lease runs to March 31, 2027 @ $1700/mth + power/gas. Lower unit lease runs to October 31, 2027 @ $1400/mth + power/gas. This property checks all the boxes that a savvy investor is looking for. Contact a Realtor to book a showing today and let this turn-key investment start working for you. (id:6289)

More Info on this Westpointe House MLS® listing

7418 112 Street is a house listing for sale in Grande Prairie. The MLS® number is A2355336. It was built in 2009, features 5 bedrooms, 3 bathrooms and covers 1,210 square feet. It's currently listed for $449,900. For more details on MLS® A2355336, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Westpointe is available now!

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Features of 7418 112 Street

Listing # A2355336
Price $449,900
Bedrooms 5
Bathrooms 3.00
Square Footage 1,210
Acres 0.08
Year Built 2009
Type Single Family
Sub-Type House
Style Bi-level

Community Information

Address 7418 112 Street
Area Westpointe
Subdivision Westpointe
City Grande Prairie
Province Alberta
Postal Code T8W0C6

Amenities

Features Back lane
Parking Spaces 4
Parking Parking Pad
Garages Parking Pad
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Cooling None
Fireplace No
Has Basement Yes
Basement Finished, Full, Separate entrance, Suite

Exterior

Exterior Vinyl siding
Lot Description 338.70
Foundation Poured Concrete

Additional Information

Zoning RS

Listing Details

OfficeRE/MAX Grande Prairie

Listing Map

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