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Camrose,AB T4V 2A8
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $894
Subdivision Prospect
MLS Listing ID A2234534
Style Bi-Level
Year Built 2023
Annual Tax Amount $16,038
Tax Year 2025
Property Sub-Type 4 plex
Source Central Alberta
Property Description
An Exceptional Investment Opportunity in the Heart of Camrose! This remarkable property offers a rare combination of income potential and modern living, featuring eight units across two fourplex buildings and a fully finished, heated triple car garage with two bays - all on one single titled lot. Perfectly positioned just moments from downtown Camrose, this investment gem blends convenience with contemporary style, making it a standout choice for savvy buyers. Eight spacious units boast an open-concept layout designed for comfort and functionality, including a lovely kitchen with stainless steel appliances, terrific living room, two bedrooms, one bathroom, beautiful flooring and in-unit laundry. Currently, all eight units are fully rented, delivering a steady and reliable cash flow from day one. The rented garage spaces further enhance the properties earning power, making this an investor's dream. Whether you're seeking a turnkey income-generated asset or a home where you can live in one unit and rent out the others, this property offers unmatched versatility and long-term value. Situated in the heart of Camrose, these fourplexes are just steps away from downtown, providing residents with easy access to shopping, dining, entertainment and all essential amenities. This vibrant and connected lifestyle ensures strong tenant demand and lasting appeal. With its modern design, full occupancy, and strategic location, this property is a rare find. It's ideal for investors looking to capitalize on a thriving rental market or homeowners wanting to offset their mortgage by renting out additional units. Don't miss your chance to own this income-producing treasure, the opportunities here are truly endless!
Location
Province AB
County Camrose
Zoning R3
Rooms
Basement Finished,Full
Interior
Interior Features Kitchen Island,Open Floorplan,Vinyl Windows
Heating Forced Air,Natural Gas
Flooring Carpet,Vinyl
Inclusions 8) Fridges, 8) stoves, 8) dishwashers, 8) stackable washer/dryers, window coverings, garage door opener & control
Appliance Dishwasher,Range,Stove(s),Washer/Dryer Stacked,Window Coverings
Exterior
Parking Features Alley Access,Garage Door Opener,Heated Garage,Oversized,Stall,Triple Garage Detached
Garage Spaces 3.0
Garage Description Alley Access,Garage Door Opener,Heated Garage,Oversized,Stall,Triple Garage Detached
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 54.0
Total Parking Spaces 12
Building
Foundation ICF Block
Architectural Style Bi-Level
Level or Stories One
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 102127569
Ownership Private