205 Reed Ave 1 7 Ave

For Sale 32 Days
$439,900
beds
1 baths
2,200 Sqft

205 Reed Ave 1 7 Ave

For Sale 32 Days
$439,900
beds
1 baths
2,200 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $200/Sqft
  • Time on Houseful
    32 days
  • Property type
    Multi-family
  • Year built
    1999
  • Mortgage payment

Multi-Unit Investment Opportunity – Located just 1 hour south of Lloydminster, this fully occupied multi-family complex is an excellent revenue property. The building features 7 units with a total of 10 bedrooms, offering strong rental demand in the region. The Main Floor Units feature 4 one-bedroom suites, each with private access to a spacious wrap-around deck leading to the exterior parking area. The Lower Level units feature 3 two-bedroom suites, providing comfortable layouts ideal for long-term tenants. All suites are equipped with a kitchen, living room, and full 4-piece bathroom, with convenient access to shared laundry facilities. Additional highlights include electrified exterior parking and the advantage of an on-site property manager who oversees tenant move-ins/outs and building maintenance. Currently at full occupancy with a waiting list, this property provides consistent cash flow and serves a strong demand for affordable housing in Alberta’s oil patch.

David Kadun of LPT Realty,
MLS®#A2257846
updated 3 weeks ago.
Houseful checked MLS® for data 3 weeks ago.

Home overview

Amenities / Utilities
  • Pets allowed (y/n)
    No
Exterior
  • # total stories
    1
  • # parking spaces
    10
Interior
  • Appliances
    Range, range hood, refrigerator
Location
  • County
    Provost no. 52 m.d. of
  • Subdivision
    Hayter
  • Zoning description
    R1
Overview
  • Building size
    2200
  • Mls® #
    A2257846
  • Property sub type
    Apartment
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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