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Elizabeth Chi

[email protected] +1(778) 715-9988

$ 484,999

Est. payment -/mo

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Price Dropped by $9K

11212 75A Avenue Grande Prairie, AB T8W0G5

5 Beds

2 Baths

1,540 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1540

Square Footage 1,540 sqft

Price per Sqft $314

Subdivision Westpointe

MLS® Listing ID A2316971

Style 4 Level

Bedrooms 5

Year Built 2010

Lot Size 3,484 Sqft

Acres 3484.0

Property Sub-Type Freehold

Property Description

Exceptional opportunity to own a cash-flowing revenue property in one of Grande Prairie's most sought-after family neighbourhoods. Located in Westpointe at 11212 75A Avenue, this well-maintained up/down duplex offers strong rental income, a proven rental history, and major mechanical systems that have been consistently maintained.The property features 5 bedrooms and 2 full bathrooms across two self-contained suites. The upper suite offers 3 bedrooms and 1 bathroom with a bright open-concept layout, spacious living area, and functional kitchen and dining space. The lower suite features 2 bedrooms and 1 bathroom, creating excellent flexibility for tenants or multi-generational living.Currently generating $3,900 per month in rental income ($2,100 upper suite / $1,800 lower suite), this property provides attractive cash flow potential. With 25% down, buyers can benefit from an estimated additional cash flow of $900 per month.Ownership pride is evident throughout. The lower furnace was replaced approximately three years ago, both on-demand hot water systems have been professionally serviced annually, and the roof is in good condition, offering added confidence for investors.One of the property's standout features is the professionally built 8' x 8' insulated outbuilding, finished to match the home's exterior. Designed with versatility in mind, it includes soundproof insulation, ventilation for welding or heat extraction, hardwired ethernet with six connection points, dual 100-amp panels supplying 50 amps each, and a secure steel entry door with dual locks. Whether used as a workshop, hobby room, gaming space, home business setup, gardening room, or creative studio, this space adds unique value rarely found in comparable properties.Utilities are currently included in rent, with electricity and gas averaging approximately $250 per month. The existing TELUS internet plan may also be transferable to the new owner, providing access to a highly competitive rate.Whe ther you're looking to expand your investment portfolio, offset your mortgage by living in one suite, or secure a turnkey income property in a strong location, this is an opportunity worth exploring. Long-term rental history and financial information are available to qualified buyers upon request. (id:24570)

Location

State AB

Rooms

Kitchen 0.0

Extra Room 1 Basement 10.83 Ft x 9.83 Ft Primary Bedroom

Extra Room 2 Basement 9.00 Ft x 10.00 Ft Bedroom

Extra Room 3 Basement Measurements not available 4pc Bathroom

Extra Room 4 Main level 12.25 Ft x 10.58 Ft Primary Bedroom

Extra Room 5 Main level 8.08 Ft x 8.92 Ft Bedroom

Extra Room 6 Main level 9.92 Ft x 11.25 Ft Bedroom

Interior

Heating Forced air,

Cooling None

Flooring Ceramic Tile, Laminate

Exterior

Parking Features No

Fence Partially fenced

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Architectural Style 4 Level

Others

Ownership Freehold

Listed by Grassroots Realty Group Ltd.

Nearby Locations

Elizabeth Chi

+1(778) 715-9988

Elizabeth Chi

11212 75A Avenue Grande Prairie, AB T8W0G5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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11212 75A Avenue