614 1 Street Street NE, Sundre   ||   $429,000

DETAILS

MLS® NUMBER A2072908
BUILDING TYPE Full Duplex
PROPERTY CLASS Multi-Family
SQUARE FOOTAGE 2010 Square Feet
YEAR BUILT 1975
BASEMENT None
GARAGE No
TOTAL PARKING 4
Great Rental Duplex, Side by Side, Two Units approximately 1000 sq ft each, very well maintained units comprising of two bedroom and one bathroom per unit, undeveloped basements with the potential to add further bedrooms and living space. Centrally located in Sundre where rental properties are rare especially multi unit, this property is close to the police station and hospital and make great rentals for professionals moving to town. One unit is newly vacant (rented from Dec1st at $1500 plus utilities) and has been professionally repainted with new flooring in the bedrooms and will be ready for a new tenant, Sundre has a severe shortage of rental property and finding good tenants is easy in a small town. South tenant currently pays $1300 plus all bills and this could easily be increased. Or buy this wealth builder, live in one side and rent the other !!!!


Inside you will find bright open units with a large living and dining area, wood burning stove in one unit and fireplace in the other, patio doors out onto a small private deck. Each unit has two bedrooms and one 4 piece bathroom, Downstairs the basements are undeveloped but could easily be finished to add further bedrooms and a bathroom. They have fireplaces in the basement and large windows so would make comfortable additional living space.

Outside is back lane access to a parking pad for each unit and a small easily maintained garden, fenced between the two units. These units face out onto Snake Hill Park and are easy walking distance to the hospital, schools and amenities. Sundre is a growing community with a ZERO Rental Vacancy Rate. The town is open to transforming the basements into suites but would need to follow all requirements and the property would need to be rezoned to R2.

Listing Brokerage: REAL BROKER

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