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Home AB Fox Creek
610 3 AVE
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$2,488,400
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610 3 AVE
Fox Creek, Alberta T0H1P0

MLS® Number: 31956

Listing Description

Pinetree Manor is a 24 suite 2.5 storey wood frame apartment building with brick exterior, located in a multi-family zoned area. The building has a hot water heating boiler, a make-up air furnace and 2 hot water tanks. The peaked roof has asphalt shingles which were replaced in 2007. All hallway carpeting was replaced 5 years ago. Pinetree Manor has 3 separate laundry rooms, one on each floor. Tenants pay own power except for the 4 furnished suites. A $60 per month mandatory cleaning fee is collected from about 1/2 of the tenants, enabling the owners to better monitor what is happening in the suites and how well they are being maintained. The building has large spacious suites and large balconies and an intercom system. Many major suite renovations, including painting, flooring and fixtures were completed in the past 2 years. Fully rented w/CAP Rate 7.5% ***NOTE*** Lot dimensions - Lots are irregular. (1497479)

Property Summary

Property Type
Business
Land Size
0.77 ac
Built in
1970
Time on REALTOR.ca
4202 days

Measurements

Square Footage
23755 sqft
Data provided by: Independent
BRENDA ENGLISH