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Michael Beckett, Agent
Email: Click
Mobile: (403) 862-0546
Office: 403-259-4141
Brokerage
Remax Realty Professionals
10-6020 1A Street SW
Calgary, AB T2H0G3
Canada
Are you ready to take your investment game to the next level with a TURN-KEY, RENOVATED 9-unit apartment building? Look no further than this exceptional multifamily property in Cochrane, AB offering an excellent mix of 6-two bedroom units and 3-one bedroom units. There is virtually nothing left to do but sit back, collect rent, watch your investment grow, and CASH FLOW. This town is experiencing unprecedented growth, with next to zero vacancy and not many rentals available, making it the ideal location for savvy investors. Tenants can walk to work and as is the case already for some of them which have reduced parking requirements. The building itself has been impeccably maintained, with recent improvements like new back door, fresh paint, new flooring, baseboards and most trim throughout all units; all bathrooms have been renovated and most kitchens. The kitchens that didn't get fully renovated received refinished cabinets, countertops, with new sinks and faucets. The appliances that needed replacement have been replaced and the rest are in great shape. The windows on the main floor were changed approximately 16 years ago, conveniently adding more energy savings to an already well-insulated building. The lights were all changed to LED to lower your energy bill. The balconies have all been redone and the boiler has been meticulously maintained with regular servicing and updated valves. The interior of the units received new shut-off valves for ease of operation. The garage can be utilized to install a storage locker and bike storage for additional income if needed. The rents are already competitive, but there's still room to increase them, giving you even more potential for profit. With fantastic financing options available through CMHC, this is an opportunity you don't want to miss. Cochrane's booming job market and small-town charm make it a magnet for quality tenants. Contact your trusted realtor now for more information on rent rolls, expenses, and how to make t his investment yours! (id:49663)
MLS® Number | A2141553 |
Property Type | Multi-family |
Community Name | East End |
Parking Space Total | 9 |
Plan | 2439jk |
Constructed Date | 1973 |
Size Exterior | 7500 Sqft |
Size Interior | 7500 Sqft |
Total Finished Area | 7500 Sqft |
Type | Multi-family |
Acreage | No |
Size Irregular | 798.97 |
Size Total | 798.97 M2|7,251 - 10,889 Sqft |
Size Total Text | 798.97 M2|7,251 - 10,889 Sqft |
Zoning Description | R-hd |
https://www.realtor.ca/real-estate/27077655/105-first-avenue-e-cochrane-east-end
Michael Beckett
Agent
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Social
Get in Touch
Michael Beckett, Agent
Email: Click
Mobile: (403) 862-0546
Office: 403-259-4141
Brokerage
Remax Realty Professionals
10-6020 1A Street SW
Calgary, AB T2H0G3
Canada