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2 Pan Am Street: Swan Hills Multi-Family Commercial for sale : MLS®# E4069504

2 Pan Am Street Swan Hills T0G 2C0 : Swan Hills

Main Photo: 2 Pan Am Street: Swan Hills Multi-Family Commercial for sale : MLS®# E4069504
$510,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4069504
Status:
Active
Build. Type:
Townhouse/Condo Complex
LOOKING FOR A NEW OWNER! There is an opportunity here for an investor to turn this into a viable rental operation. The Swan Hills area is now slow, so that means these units can be picked up for an asking price of only $31,875 per unit. (They were assessed at $53,000. per unit in 2016). This building has been recently winterized as none of the units are rented. The water is off, lines have been drained & heat is off. If you want to go bigger, this 16 suite townhouse property can be purchased along with a 12 suite apartment building. (63 Centennial Crescent - MLS # E4069567) same owners.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Townhouse/Condo Complex
# Units:
16
Tot Pkg Spaces:
16
# Storeys:
2.0
Year built:
1980 (Age: 38)
Total Floor Area:
Switch units of measure1,155 sq. ft.
Lot Area:
Switch units of measure0.78 acre(s)
Land Use/Zoning:
RM Res Medium Density
Lot Frontage:
Switch units of measure144'
Plan:
8921910
Title to Land:
Fee Simple
LINC Number:
0010917037
Num. of Parcels:
1
Cap Rate %:
0.0
Gross Operating Income:
$0
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$0
Total Oper. Expenses:
$16,728
Tot Expenses:
$16,728
Entry date:
Jun 17, 2017
Listing information last updated on June 28, 2018 at 08:30 PM (UTC)
Kim F Martin
Continental Realty
Phone:(780) 674-2200
Fax:(780) 674-5933
CONTINENTAL REALTY
BOX 4280
Barrhead, Alberta
T7N 1A3 Canada
Copyright 2018 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.