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Camrose,AB T4V 1M1
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $158
MLS Listing ID E4418483
Bedrooms 6
Full Baths 4
Year Built 1940
Lot Size 6,000 Sqft
Acres 0.13775636
Property Sub-Type Quadruplex
Property Description
INVESTORS! Take a look at the best investment you've seen in 2025. This 4PLEX in the heart of Camrose is listed at $395,000 and brings in $3,950/month. Fully at the 1% rule. A rare thing these days. This property has been great for the current owner with no vacancy at the property for over 5 years! With almost ZERO vacancy according to CMHC, it makes sense! This property features Two 2 bedrooms, One 1 bedroom, and a bachelor unit. The bachelor unit was renovated in 2019, the top 2 bedroom unit was fully renovated in 2020/2021. The other units are perfectly rentable and have been updated as needed. It also has newer shingles, soffit, facia and eavestroughs as well as newer windows. Property was originally in another community and was moved onto an 80's foundation in its current location! This is perfect for the new or seasoned investor alike. For someone in their 20's just starting out, you could even live in one of the units and rent out the other 3 and essentially live for free! Come take a look today!
Location
Province AB
Zoning Zone 80
Rooms
Basement Full,Finished
Interior
Heating Baseboard,Space Heater,Electric,Natural Gas
Flooring Laminate Flooring,Vinyl Plank
Appliance Dryer,Washer,See Remarks,Refrigerators-Two,Stoves-Two
Exterior
Exterior Feature Back Lane,Level Land,Not Fenced,Schools,Shopping Nearby,See Remarks
Community Features On Street Parking,Deck,Detectors Smoke,No Animal Home,No Smoking Home,Open Beam,Parking-Visitor,Vinyl Windows
Roof Type Asphalt Shingles
Garage false
Building
Story 2
Foundation Concrete Perimeter
Architectural Style 2 Storey
Schools
Elementary Schools Sparling School
Middle Schools Ecole Charlie Killam
High Schools Camrose Composite High
Others
Tax ID 0015248685