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$625,000
Brooks
51 Ingram Park Drive, Brooks, Alberta, T1R0L1
This multi-family property in Brooks is for sale offering roughly 3,078 sq ft of space. It has been on the market 82 days, fresher than the Brooks average of 116 days.
TURNKEY INVESTMENT OPPORTUNITY! This maintained fiveplex in Brooks offers an excellent opportunity to add a fully occupied, income-producing property to your portfolio. Built in 1976, the property features five 2-bedroom units, each equipped with a fridge, stove, washer and dryer. The building is fully rented and generating approximately $63,000 in annual gross rental income, with tenants responsible for their own gas and power while the owner pays water. Recent improvements include some newer windows and an updated metal roof, providing added peace of mind and long-term value. Located directly beside a playground in the established Ingram Park neighbourhood, this property offers a convenient setting for tenants and strong rental appeal. With five individual units, established tenancy, separate utility responsibility and recent exterior improvements, this is an attractive opportunity for investors seeking stable cash flow and long-term growth potential in Brooks. Fully rented. Strong income. Established property. Excellent investment opportunity. (id:66096)
Long Listed: 82 days on market, against an average age of 116 days across the listings currently for sale in this city
This multi-family in Brooks has been listed for 82 days, which is 34 days fresher than the city average of 116. Act while there is still low competition.
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Loading rates, 30-yr amortization
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