435 5 Avenue

For Sale New 22 hours
$1,500,000
beds
baths
8,090 Sqft

435 5 Avenue

For Sale New 22 hours
$1,500,000
beds
baths
8,090 Sqft

Highlights

Key insights

Description

Fantastic multi family property on 1.39 acre lot. The need for rental units in Burns Lake is on the rise, and this is your chance to jump in! 1 building built in 2024 has 4 x 2bdrm / 2 full baths, 1 older building with some recent renos with 4 X 2 bdrm/ 1 bath. Each unit has separate laundry. Fully tenanted with 1 year renewable leases and great tenants. Rents currently totalling $11,000 mth / $132k yr, plus tenants pay utilities. The lot has been cleared and ready for more development. As per Seller, town planners have given the OK for 32 units on the lot, with great potential for 20 (Buyer to verify). Check out the pavers in the parking lot! The potential is huge! (id:63267)

Rod Walker of Royal LePage Aspire Realty,
#C8072085
updated 22 hours ago.
Houseful checked MLS® for data 22 hours ago.

Home overview

Location
  • Directions
    1747728
Lot/ Land Details
  • Lot dimensions
    1.39
Overview
  • Lot size (acres)
    1.39
  • Building size
    8090
  • Listing #
    C8072085
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28845606/435-5th-avenue-burns-lake
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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