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$ 495,000
Est. payment /mo
New
1023 Cassils RD W Brooks, AB T1R 0C8
1,760 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1760.0
Square Footage 1,760 sqft
Price per Sqft $281
Subdivision West End
MLS Listing ID A2274968
Style Bi-Level
Year Built 1976
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type 4 plex
Property Description
Excellent fourplex investment opportunity in Brooks. This well maintained revenue property features four bi level units, each offering two bedrooms and a functional layout that appeals to long term tenants in the local rental market. The property has seen several key capital improvements over the years, including updated windows, some furnaces, and some hot water tanks. A major upgrade was also completed with the installation of a truss roof system, replacing the original flat roof and adding long term durability and peace of mind for future ownership. The fourplex currently generates $4,075 per month in gross rental income, with upside potential through future rent adjustments. With strong tenant demand for two bedroom units in Brooks, this property presents a solid opportunity for investors looking to add stable cash flow to their portfolio. Whether you are an experienced investor or looking to enter the multi family market, 1023 Cassils Road West offers a combination of location, improvements, and income potential that is hard to find.
Location
Province AB
Zoning R-HD
Direction W
Rooms
Basement Full
Interior
Heating Central, Forced Air, Natural Gas
Flooring Carpet, Ceramic Tile, Laminate
Inclusions 4 Fridge, 4 stove
Fireplace No
Laundry In Basement
Exterior
Parking Features Alley Access, Off Street
Fence None
Roof Type Asphalt Shingle
Total Parking Spaces 8
Garage No
Building
Dwelling Type Four Plex
Foundation Poured Concrete
Architectural Style Bi-Level
New Construction No
Others
Restrictions None Known
Listed by CIR REALTY