Delburne, AB T0M 0V0,2023 22 AVE #A,B&C
Delburne, AB T0M 0V0,2023 22 AVE #A,B&C
Delburne, AB T0M 0V0,2023 22 AVE #A,B&C
Delburne, AB T0M 0V0,2023 22 AVE #A,B&C
Delburne, AB T0M 0V0,2023 22 AVE #A,B&C
Delburne, AB T0M 0V0,2023 22 AVE #A,B&C
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$202,500

$209,900

3.5%
Est.Price: ?

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Est. payment /mo

1,572 SqFt


SOLD DATE : 08/26/2024

Key Details

Sold Price $202,500

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,572 sqft

Price per Sqft $128

MLS® Listing ID A2132908

Sold Date 08/26/24

Originating Board Central Alberta

Year Built 1974

Annual Tax Amount $600

Tax Year 2023

Lot Size 3,000 Sqft

Acres 0.07

Property Description

This meticulously maintained triplex in Delburne offers a unique opportunity for investors seeking stable returns and potential for future development. Originally a church, the property boasts a strong foundation and quality construction, thoughtfully converted into three spacious 2-bedroom suites. Each unit offers approximately 750 square feet of living space, with a large basement suite adding to the property's income potential.

The triplex enjoys a history of consistent occupancy with minimal vacancies, thanks in part to its prime location in the heart of Delburne. Flexible lease terms allow for potential rent adjustments upon renewal, ensuring the investment keeps pace with the market. Recent updates include fresh paint, new appliances, and a thorough boiler cleaning, providing peace of mind ownership. Additionally, the roof was replaced in 2012 and the mechanical system receives regular servicing. With ample on-site parking and easy access, this triplex offers a compelling opportunity to own a piece of Delburne's history while generating strong and reliable rental income. ***Note photos from previous vacancies. ALL units are occupied.

Location

Province AB

County Red Deer County

Zoning R2

Interior

Appliance Electric Stove, Range Hood, Refrigerator

Exterior

Roof Type Asphalt Shingle

Total Parking Spaces 4

Others

Restrictions None Known

Tax ID 85680975

Ownership Private

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Listed by Century 21 Advantage

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Andy Katoch

Agent | License ID: LDKATOCAN

+1(587) 323-4499

# 203-503 7th St S, Alberta, T1J, 0V1, Canada

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