5051 56 Avenue Rimbey, Alberta T0C 2J0

2000 sqft


Excellent Investment Returns with a fantastic Capitalization Rate on the Beautifully upgraded Fourplex in Rimbey! Property includes two 3 Bedroom, 2 Bath units, and two 2 Bedroom, 1 Bath units that are nice and bright, with large windows. Lots of upgrades, and almost no vacancies over the past 6 years (only vacancies have been during Tenant turnover and limited to weeks or days). Each unit comes with Refrigerator, Stove, Dishwasher, Micro-Hood, Washer, & Dryer. Upstairs East and West units have 3 bedrooms, & two bathrooms, while the East & West downstairs units offer 2 bedrooms, and 1 full bathroom. Additional upgrades include Composite Decking, Aluminum Railings, and recently regraded parking lot. Plenty of off-street parking with Gravel parking area to the South. (id:19690)

Property Details

MLS® Number A1258627
Property Type Multi-family
Parking Space Total 8
Plan 8120291


Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
Architectural Style Bi-level
Basement Type Unknown
Constructed Date 1978
Size Interior 2000 Sqft
Total Finished Area 2000 Sqft
Type Multi-family


Acreage No
Size Total Text Unknown
Zoning Description R2



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