No photos available
3 months ago
$415,000
437 3 Avenue
Bassano, Alberta · T0J0B0
MLS® Number: A2309383
- 2,356Square Feet
Listing Description
Centrally located in the lovely community of Bassano, this well maintained 4 unit multi-family property offers an excellent investment opportunity with stable rental income and low management complexity. Designed in a row style layout, each 1-bedroom suite features a functional floorplan complete with a kitchen, living room, bedroom, full bathroom, in-suite laundry with washer and dryer, plus a dedicated utility room. A covered rear patio spans the full width of the building, providing tenants with added privacy, outdoor enjoyment, and shelter from the elements. Individually metered gas and power make utility management simple, with tenants responsible for their own usage. Current rental income is $725/month per unit. The property has been consistently cared for over the years and offers an attractive setup for both seasoned investors and those looking to expand their portfolio. The seller currently covers town water and sewer, property taxes, and insurance. This is a solid income-producing property in a convenient location close to amenities and services. (id:65883)
Property Summary
- Property Type
- Multi-family
- Building Type
- Multi-Family
- Storeys
- 1
- Square Footage
- 2,356 sqft
- Title
- Freehold
- Built in
- 1975
- Parking Type
- Other
- Time on Edmonton Real Estate
- 3 months ago
Legal Description
Plan :- 0013111646 Block :- 7 Lot :- 10
Building
Interior Features
- Appliances Included
- Refrigerator, Stove, Window Coverings, Washer & Dryer
- Basement Type
- Crawl space
Building Features
- Style
- Multi-Family
- Stories
- 1
- Year Built
- 1975
Heating & Cooling
- Heating Type
- Forced air, Natural gas
- Cooling
- None
Neighbourhood Features
- Amenities Nearby
- Golf Course Development
Parking
- Parking Type
- Other
- Total Parking Spaces
- 5
Land
Lot
- Lot Size
- 697.21 square meters
- Lot Dimensions
- 697.21
- Fencing
- Not fenced
Zoning
- Zoning
- R2
Utilities
Services
- Water Source
- Municipal water
- Sewer
- Municipal sewage system
Tax & HOA
Tax
- Annual Tax
- $3,675
- Tax Year
- 2025



