Asking price is $357,000.
It doesn't get any better. Prime location with massive of visibility, on the busiest street in Grande Prairie, in the heart of downtown. The commercial value of this property is enormous. It is the only area in the downtown that has not yet been commercially developed. Next to this property is an empty lot and 2 residential houses on one side and a commercially operated shop on the other. All the immediately surrounding blocks have recently been re-developed into commercial office and retail space. Meanwhile this property earns a full 8% ROI as a professionally operated Rooming House, while an Investor awaits one of the large pipeline company's new office buildings.
The house is fully furnished and sports all new pots and pans, dishes, linens, beds with 10-year warranty including bug protectors, new furnace, new air conditioning and hot water tank. The basement was recently excavated and enforced with weeping tile, dimple board and was waterproofed prior to backfilling.
There are 3 bedrooms that rent at $300 a week with the 4th week free. The fourth bedroom is particularly large with its own lazy boy TV sitting area and similarly rents for $400 a week. The whole house can be rented by the month at $3,200. The house is 37' x 37' and the lot is 49.5' x 132' with lots of parking.