This property consists of two separate duplex units each side has two living rooms, two kitchens, two dining areas, two laundry rooms, two bathrooms and 6 bedrooms. Over the last couple of years this property was redeveloped and refurbished with new furnaces, hot water tanks, new air conditioners, new roof, all new baseboard and casing, light fixtures, switches, plugs, and upgraded electrical.
Presently they are both being operated as a Rooming House bringing in $4,000 to $7,000 a month gross revenue with the cost of housekeeping, management, utilities, property insurance and taxes causing each side to net approximately $3,500 a month on average. Both sides are fully furnished with everything from the smart TVs, dishes, pots and pans, and linens, with the beds having a 10 year warranty.
Recently renovated, these properties have proved to be particularly popular with companies that like to attract their employees by providing them with accommodations near their work. Others have crews that pool together to take advantage of the discounts available if paid by the month or a year’s lease.
Price: $315,000 Each side Status: For Sale
Full Address: 10108, 92St, Grande Prairie, AB Postal Code: T8V1X6
Property Type: Duplex Zoning:
Bedrooms: 6 each side Lot Size:
Bathrooms: 2 full each side House Size:
Kitchens: 2 each side Exterior Finish: Grey Vinyl
Living Rooms: 2 each side Roofing: New shingles
Basement: Full (Furnished) Foundation Type: Concrete
Flooring: Hardwood/Tile Parking: Driveway