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Home AB Okotoks
38 N Railway Street
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$899,999
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38 N Railway Street
Okotoks, Alberta T1S1J3

MLS® Number: A1196406

Listing Description

Convenient and massively desired 4-Plex Multi-unit building in the heart of downtown Okotoks. AMAZING investment opportunity for several reasons: COMMERCIAL/RESIDENTIAL ZONING, OKOTOKS WOULD LIKE TO SEE A DEVELOPMENT HERE (PLANS ATTACHED FOR A PROPOSED BUILDING), ADDITION TO THE BUILDING TO ADD MORE SUITES. Huge 30.5mx26.2m (100 feet x 85 feet) LOT. THE BUILDING HAS BEEN ALMOST COMPLETELY RENOVATED AND HAS BEEN WELL CARED FOR. WITHIN MINUTES OF LISTING A RENTAL SUITE THERE IS A BUNDLE OF GREAT APPLICATIONS. People desire to live here due to the proximity of amenities and being so close. Situated in ever-growing popular Old Towne Okotoks, this property offers an opportunity to get in on the charm of small-town and big-city living!. The rental income on the property is currently $4650/month and is a little light for the location and demand of the property. Hold this property with good cash flow, or BUILD a 3 + story building with commercial on the lower and residential above! Please contact your realtor for more information. (5549536)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Title
Freehold
Land Size
10225 sqft|7,251 - 10,889 sqft
Built in
1969
Annual Property Taxes
$4,970
Total Parking Spaces
4
Time on REALTOR.ca
1058 days

Building

Interior Features
Appliances Included
Refrigerator, Stove, Hood Fan, Window Coverings, Washer & Dryer
Basement Type
Unknown
Building Features
Foundation Type
Poured Concrete
Construction Material
Wood frame
Heating & Cooling
Heating Type
(Natural gas)
Exterior Features
Exterior Finish
Vinyl siding
Parking
Total Parking Spaces
4

Measurements

Square Footage
2079 sqft
Total Finished Area
2079 sqft

Land

Other Property Information
Zoning Description
CCB
Data provided by: Independent

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