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A-E, 51 Ingram Park Drive, Brooks, Alberta T1R 0L1

MLS® # A2336397

$625,000

Property Size 3078
Year Built 1976

Description

TURNKEY INVESTMENT OPPORTUNITY! This maintained fiveplex in Brooks offers an excellent opportunity to add a fully occupied, income-producing property to your portfolio. Built in 1976, the property features five 2-bedroom units, each equipped with a fridge, stove, washer and dryer. The building is fully rented and generating approximately $63,000 in annual gross rental income, with tenants responsible for their own gas and power while the owner pays water. Recent improvements include some newer windows and an updated metal roof, providing added peace of mind and long-term value. Located directly beside a playground in the established Ingram Park neighbourhood, this property offers a convenient setting for tenants and strong rental appeal. With five individual units, established tenancy, separate utility responsibility and recent exterior improvements, this is an attractive opportunity for investors seeking stable cash flow and long-term growth potential in Brooks. Fully rented. Strong income. Established property. Excellent investment opportunity. (id:53676)

PROPERTY FEATURES

  • MLS® Number A2336397
  • Price $625,000
  • Square Footage: 3078 sqft
  • Property Type: Multi-Family
  • Community Name: Ingram Park
  • Plan 7411020

Buildings

Constructed Date 1976 Cooling Type None
Heating Fuel Natural Gas Heating Type Forced Air
Size Exterior 3078.5 Sqft Size Interior 3078 Sqft
Total Finished Area 3078.5 Sqft Type Multi-family

Land

Acreage No Size Depth 36.58 M
Size Frontage 19.8 M Size Total Text Unknown
Zoning Description Rld

BROKERAGE

  • Office: RE/MAX Main Street Realty

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