112 5 Avenue, Strathmore, Alberta

$1,150,000

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4,358

Square feet

0.14

Acres

About 112 5 Avenue

Now's your chance to own an income generating, residential 4 plex in Strathmore. The owners built the building in 2009 and have owned and managed it ever since and are now looking towards retirement. Strathmore has a thriving downtown area with Kinsmen park, it is walking distance to all the inner town amenities including a movie theatre, restaurants, drug store and even Town Hall is just around the corner. Featuring 4 - 2 Bedroom, 1 1/2 bath suites, each with it's own mechanical and laundry. You have some great long term tenants that are happy to stay. This 4 plex has been continually updated over the years upon tenant turnover and feature new water tanks just installed. The units are bright and sunny due to the large windows while the layouts are functional and take advantage of the great exposure. A short walk to schools, outdoor water park for kids in the summer and skating rinks in the winter. This is a great place for any perspective tenants. An R-3 zoning, with a 50 x 120 lot which has so much potential for income generation into the future. Out of respect for tenant rights and privacy, there is no sign or lockbox on site . Please do not approach - Call for any inquiries or to set up an appointment. Minimum 24 hrs. notice for appointments will apply.

Features of 112 5 Avenue

MLS® # A2191627
Price $1,150,000
Bathrooms 0.00
Square Footage 4,358
Acres 0.14
Year Built 2009
Type Multi-Family
Sub-Type 4 plex
Style Bi-Level
Status Active

Community Information

Address 112 5 Avenue
Subdivision Downtown_Strathmore
City Strathmore
County Wheatland County
Province Alberta
Postal Code t1p1b7

Amenities

Utilities Electricity Connected, Natural Gas Connected, Garbage Collection, Sewer Connected, Cable Connected
Parking Spaces 5
Parking Alley Access, Off Street, Guest, On Street, Outside, Unassigned
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Electric Stove, Range Hood, Washer, Electric Water Heater
Heating Forced Air, Natural Gas
Fireplace No
# of Stories 1
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Features None
Lot Description Back Lane
Roof Asphalt Shingle
Construction Concrete, Manufactured Floor Joist, Vinyl Siding, Wood Frame, Post & Beam
Foundation Poured Concrete, Wood

Additional Information

Date Listed February 8th, 2025
Days on Market 4
Zoning R3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Estate Professionals Inc.

Listing Map