32 FRANKLIN STREET

CAD 179,900
For Sale MLS: 6523

Property Details

Bedrooms

12

Bathrooms

6

Property Type

Fourplex

Description

MLS®: 6523 Type: Fourplex Bedrooms: 12 Bathrooms: 6 Lot Size: 7840

Brokerage: CENTURY 21 Prospect Realty Agent: Dwayne Simmons

This well-maintained income property offers an excellent investment opportunity in the heart of Norman Wells. The building consists of four separate 3-bedroom units, providing steady rental income. With one vacant unit, this property is ideal for an investor or a potential owner-occupant, as the vacancy allows for a reduced down payment requirement, lowering the typical 20% down payment threshold. Property Features: Fully Rented Revenue: When fully rented, the four 3-bedroom units generate approximately $5,000 in total monthly revenue, providing reliable cash flow. Vacancy Available: One unit is currently vacant, offering a buyer the option to move in while benefiting from rental income, or to lease the unit at market rates. Building Upgrades: Doors Replaced Double-Glazed PVC Windows Yard Improvements (29162756)

Location

Address

32 FRANKLIN STREET

City

Norman Wells

Features and Finishes

None

Legal Notice

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