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Main Photo: 301 Fox Lake Trail: Hanna Multi Family for sale : MLS®# A2102622
Photo 1: 301 Fox Lake Trail: Hanna Multi Family for sale : MLS®# A2102622
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Status:
Sold
Prop. Type:
Commercial
MLS® Num:
A2102622
Sold Date:
May 24, 2024
Investors take note – not only does 301 Fox Lake Trail, Hanna offer a comfortable and charming living experience for residents, but it also presents a promising investment opportunity with positive cash flow potential. The well-maintained 15-unit apartment building, constructed in 1982, stands as a testament to both durability and timeless appeal. The two-bedroom, one-bathroom units, ranging from 744 to 868 square feet, cater to various tenant preferences, ensuring broad market appeal. With wood balconies on the upper floors and concrete patios on the main floor, each unit provides a unique and desirable feature. From a landlord's perspective, the property is designed for convenience. Every unit comes equipped with essential appliances – fridge and stove – minimizing operational concerns. The availability of coin-operated laundry on the second and third floors streamlines maintenance and enhances tenant satisfaction. Parking is hassle-free, with dedicated spaces for each unit and power outlets for vehicle plug-ins, catering to the practical needs of residents. Recent upgrades, including a new boiler, hot water tank, metal roof, and exterior paint job, not only enhance the property's appeal but also contribute to long-term cost savings. Strategically located in Hanna, across from the golf course and within town limits, this property offers residents proximity to amenities and recreational activities. For the savvy investor, these factors, coupled with the positive cash flow potential, make 301 Fox Lake Trail an attractive addition to any portfolio. Embrace the opportunity to blend comfort with financial success in this thriving real estate venture.
Price:
$1,100,000
Property Type:
Commercial
MLS® Num:
A2102622
Status:
Sold
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Listed by CIR Realty
Data was last updated June 18, 2024 at 12:05 AM (UTC)
Craig Bezjack
Office: 403-863-1493
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.