Property Details

7418 115A Street
Grande Prairie, Alberta T8W0J3

$514,900

Description

LEGAL UP/DOWN DUPLEX! Here is your chance to smartly invest in real estate. Excellent investment opportunity in Westpointe. This legal up/down duplex offers tenants already in place in the basement suite, until the end of August. Upstairs will be vacant by the end of March. So now is your opportunity to move in, live upstairs, and allow the basement to generate you some income to help with your mortgage! Or, add this one to your already thriving portfolio. The upper unit features 3 bedrooms and 2 bathrooms, including a private ensuite off the primary bedroom. An open-concept floor plan, with vaulted ceilings, stainless steel appliances, and a walk-in pantry, large living area, and your very own storage room/laundry room. The lower suite includes 2 bedrooms and 1 bathroom with a private entrance, plus 2-3 parking stall spaces with back alley access. Another very functional layout in this suite, with generous ceiling height, full size windows, a spacious living room, dining area, even a storage room, with your very own laundry. Both units have NEW Washers and Dryers. Both have Hot Water on Demand! Each unit is separately metered for electricity and gas, while water is included in the rent/owner pays for—making for simplified management. The basement suite is rented for $1550 per month, no pets. Current rents mean you could achieve $1600/$1650 per month for the basement. Upstairs will rent out for $1800+. Tenants pay their own electricity and gas. A strong addition to any portfolio. Basement pictures are from when vacant, however show true to those photos still. TOUR THROUGH and see how this purchase just might make the most sense for you - and keep the cost of living down.
Beds: 5
Baths: 3
Half Baths: 0
Sq.Ft.: 1014.00
Neighborhood: Westpointe
Lot SqFt: 0.08
MLS #: A2288442
Year Built: 2012
Days Listed: 2

Team North

RE/MAX Grande Prairie

Essential Information
MLS® #A2288442
Price$514,900
Bedrooms5
Full Baths3
Half Baths0
Square Footage1014.00
Lot Size0.08
Year Built2012
TypeResidential
Sub-TypeFull Duplex
StyleAttached-Up/Down, Bi-Level
StatusActive
Amenities
Parking SpacesN/A
GarageNo
Appliances
AppliancesDishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, See Remarks, Tankless Water Heater, Washer/Dryer Stacked, Window Coverings
Included Items
IncludedFridgeX2, StoveX2, DishwasherX2, Microwave/RangeX2, WasherX2/DryerX2, Window Coverings
Community Information
Address7418 115A Street
SubdivisionWestpointe
CityGrande Prairie
ProvinceAlberta
Postal CodeT8W0J3
Interior Information
HeatingForced Air, Natural Gas
CoolingNone
BasementYes - Full
Fireplaces0
FlooringTile, Vinyl Plank
Exterior Information
RoofAsphalt Shingle
FoundationPoured Concrete
ExteriorConcrete,See Remarks,Vinyl Siding,Wood Frame
FeaturesOther
Lot Description
FeaturesLandscaped, See Remarks
Listing Details
BrokerageGrassroots Realty Group Ltd.