100 9119 Street

9119 100 Street, Lac La Biche, Canada

$439900

#ABOUT_TEXT# 9119 100 Street Lac La Biche, Alberta

Excellent investment opportunity in the heart of Lac La Biche! Located at 9119 100 Street, this well-maintained revenue property is ideally situated close to Portage College and the hospital, making it highly desirable for tenants. The upper-level unit features 3 bedrooms, including an oversized primary bedroom complete with a spacious walk-in closet and a beautifully appointed 4-piece ensuite with soaker tub. Bamboo flooring runs throughout, complementing the bright kitchen and the comfortable living and dining areas. The upper unit also enjoys exclusive use of a generous, fenced backyard with mature trees, a 25’ x 10’ deck accessed through a patio door, rear alley access, and access to the garage. The basement contains two additional (legal) self-contained rental units, each with a private entrance and their own laundry. One unit offers approximately 600 sq. ft. of living space with 1 bedroom, while the third unit is also a nicely appointed 1-bedroom legal suite. With three independent units, strong tenant demand, and a cap rate of approximately 8%, this property offers excellent cash-flow potential. Current tenants are happy to stay, making this a turnkey investment you won’t want to miss.

MLS Listing ID
A2282290
Bedrooms
5
Bathrooms
3
Year built
1952
Heating
Forced air
Sizeinterior
1581 sqft
Cooling Type
None
Home Style
Marble/Granite/Quartz, Hardwood, Linoleum
Basement
Full (Finished)
  • Kapil Chauhan
  • Tel: 9874563210
  • kapil@test.com
  • 111