INVEST IN A RARE GEM MULTI-FAMILY PROPERTY IN WHITECOURT, ALBERTA - 2132 SQ FT LIVING SPACE, FREEHOLD TITLE, R-4 ZONING - GREAT INVESTMENT!

Asking Price: $239,900
4003 & 4007 47 Street Whitecourt, AB Canada

About 4003 & 4007 47 Street:

Welcome to this amazing investment opportunity in the heart of Whitecourt, Alberta! This multi-family property is a rare gem in the bustling city of Whitecourt. With a total of 2132 square feet of living space and a freehold title, this property is an excellent investment for any real estate investor looking for long-term returns.

The building was constructed in 1964 and has been well-maintained over the years. The bungalow-style architecture of the building is a classic design that is sure to appeal to a wide range of tenants. The property is situated on an unknown land size, but with two parking spaces available, it is sure to provide ample parking for tenants.

The interior of the property boasts a partially finished basement that is perfect for storage or additional living space. The basement is a great feature that increases the overall square footage of the property, making it more attractive to potential tenants. The total finished area of the property is 2132 square feet, which is a significant amount of space for a multi-family property.

The property is zoned as R-4 High Density Residential, which means that it is an excellent investment for anyone looking to develop multi-family properties. The zoning designation allows for a wide range of residential uses, including apartment buildings, townhouses, and duplexes. This makes the property an attractive investment for anyone looking to build a portfolio of multi-family properties.

One of the most attractive features of this property is its location. Whitecourt is a thriving city in the province of Alberta, Canada. With a population of over 10,000 people, the city has a vibrant economy that is supported by a range of industries. The property is located in the heart of the city, making it an ideal location for tenants who want easy access to all the amenities that the city has to offer.

The annual property taxes for this property are $2,586.70 CAD, which is a reasonable amount for a property of this size. The property is being sold freehold, which means that the buyer will own the property outright and will not have to pay any additional fees or charges.

Overall, this multi-family property is a fantastic investment opportunity for anyone looking to build their real estate portfolio. With a great location, ample parking, and a partially finished basement, this property is sure to attract a wide range of tenants. The R-4 zoning designation also makes it an excellent investment for anyone looking to develop multi-family properties in the future. Don't miss out on this amazing opportunity to invest in the thriving city of Whitecourt, Alberta!

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Features of Property

Type of Real Estate

Multi-family

Type of Building

Multi-Family

Floors

1

Square Footage

2132 sqft

Title

Freehold

Land Size

Unknown

Year Built

1964

Annual Property Taxes

$2,586.70 (CAD)

Number of Parking Spaces

2

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Features of Building

Interior Features
Basement Type

Partial (Finished)

Building Features
Style

Attached

Architecture Style

Bungalow

Square Footage

2132 sqft

Total Finished Area

2132 sqft

Parking
Number of Parking Spaces

2

Plot Details

Other Property Information
Zoning Description

R-4 High Density Residential

Property Agents

AMANDA STANCHFIELD

RE/MAX ADVANTAGE (WHITECOURT)

P.O. Box 929; 5114 50 St., Whitecourt, Alberta T7S1N9

DEBBIE SHIRLEY

RE/MAX ADVANTAGE (WHITECOURT)

P.O. Box 929; 5114 50 St., Whitecourt, Alberta T7S1N9

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