4802 4804 RIVERSIDE DRIVE Town of Vermilion, AB   T9X 1S5,
Vermilion, T9X 1S5


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0 Bedroom Fourplex  in 4802 4804 RIVERSIDE DRIVE Town of Vermilion, AB   T9X 1S5

Outstanding revenue opportunity in the Vermilion market. Vermilion's strong rental market has a low vacancy rate due to the Lakeland College, Fire, etc (Fire and Emergency training school), oilfield and agriculture markets. This property has been in the family since the 4-plex was constructed - and its time to hand over the 5 sets of keys. The 4-plex was built in 1971 and features two, two bedroom suites up and 2, 1 bedroom suites down. The picturesque river valley view provides large windows and ground level entrances for all units. Each unit shares a secure laundry room with 1 other unit. Also included in this package is a 1945 two bedroom, storey and a half home located next to the 4-plex. All units are currently rented out providing a turn key opportunity for the next owner! Annual income of $41,400.00 with a net operating income of approximately $31,399.00. Current market would allow rate adjustments. Contact listing associate for property statistics.
Property Summary:
Category:Fourplex
Bedrooms:0
Bathrooms:0
Garage:0
Amenities:
N/A
Rating:
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    SHAWN JACULA
SHAWN JACULA
#101,5208-46TH AVENUEVERMILION, ALBERTA, Alberta   T9X 1X8
Office: 780-853-2120
Fax: N/A
Mobile: N/A

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