Description
Centrally located in the lovely community of Bassano, this well maintained 4 unit multi-family property offers an excellent investment opportunity with stable rental income and low management complexity. Designed in a row style layout, each 1-bedroom suite features a functional floorplan complete with a kitchen, living room, bedroom, full bathroom, in-suite laundry with washer and dryer, plus a dedicated utility room. A covered rear patio spans the full width of the building, providing tenants with added privacy, outdoor enjoyment, and shelter from the elements. Individually metered gas and power make utility management simple, with tenants responsible for their own usage. Current rental income is $725/month per unit. The property has been consistently cared for over the years and offers an attractive setup for both seasoned investors and those looking to expand their portfolio. The seller currently covers town water and sewer, property taxes, and insurance. This is a solid income-producing property in a convenient location close to amenities and services. (id:13843)
Details
| MLS # | A2309383 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1975 |
| Days On Site | 105 |
| Listing Provided By | Real Estate Centre | Julie Jenkins |
Features
| SQ Feet | 2,356 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Zoning | R2 |
| Acreage | 0.17 |
| Golf Course | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Refrigerator, Stove, Window Coverings, Washer & Dryer |
| Fireplace Yes / No | No |
Exterior
| Fencing | Not fenced |
|---|
Parking
| Parking Features | Other |
|---|---|
| Parking Total | 5 |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3675.27 |
|---|---|
| Tax Block | 7 |
| Tax Lot | 10 |
| Tax Year | 2025 |
Area Information
| Province | AB |
|---|---|
| City | Bassano |
| Postal Code | T0J0B0 |
| Listing VS Median (in T0J0B0) | |
Price: $415,000 low | high Med: $402,450 sqft: 2,356 low | high Med: 2,079 $ / sqft: $176 low | high Med: $196 On site: 105 low | high Med: 57.5 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Bassano |
| Postal Code | T0J0B0 |
| Listing VS Median (in T0J0B0) | |
Price: $415,000 low | high Med: $402,450 sqft: 2,356 low | high Med: 2,079 $ / sqft: $176 low | high Med: $196 On site: 105 low | high Med: 57.5 | |
 | $239,500518 2 AvenueBassano, AB T0J0B0 |