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10201 100 AV
Morinville Alberta T8R1P7 Canada

$457,000real estate property listed by Realty Executives real estate property listing

Active Listing ID E4414006
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4,100 square feet
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Multi-family

$457,000real estate property listed by Realty Executives real estate property listing

Active Listing ID E4414006
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10201 100 AV Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building with a potential for over a 8 cap rate and could easily be bumped up to double digit returns with adjustments of leases. Built in 1910 , this building had benefited from major infrastructure upgrades in 2010 to the plumbing, electrical and heating. Main floor offers over 2000 square feet of office retail, currently leased to a law firm. Bright open reception area with 2 offices in the back. The second floor offers a three bedroom unit with hardwood floors, and a one bedroom unit also updated. Great revenue property to add to your portfolio! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 12/18/2024 3:45:10 AM GMT
Source Updated Date: 12/21/2024 11:34:56 PM GMT

Courtesy of: Tim Gartner, Associate, MaxWell Progressive