**Investment Opportunity: 5-Unit Property in Prairie Creek** Nestled in the serene beauty of Prairie Creek, this property on Mustang Rd presents a rare investment opportunity. Comprising five spacious units, each boasting three bedrooms, a full bathroom, and a convenient half bathroom, this property offers comfortable living spaces for potential tenants or owners. One of the standout features of this property is its location, backing onto green space. Residents will relish the peacefulness and natural beauty that surrounds them, with walking trails and bike paths meandering through the area, perfect for outdoor enthusiasts. Inside, each unit is thoughtfully designed with a bi-level layout, providing a sense of space and privacy. The units are equipped with all the essential appliances, including a fridge, stove, dishwasher, washer, and dryer. Some units have been updated with newer flooring, adding a modern touch to the interiors. For investors, this property presents an excellent opportunity for rental income. Two units are currently rented, with tenants willing to stay, ensuring immediate returns on investment. Moreover, the absence of condo fees makes these units highly attractive to potential renters, enhancing their rental appeal. Convenience is key with this property, as each unit is allocated two parking spaces, ensuring ample parking for residents and guests alike. Additionally, its proximity to schools and shopping adds to its appeal and convenience for residents. A major highlight of this property is its large shared backyard. Each unit features a deck, providing a perfect spot for relaxation or hosting gatherings. Stairs lead down to the backyard, making it easily accessible to all residents and offering a communal space for enjoyment. Whether you're looking for a lucrative investment opportunity or seeking staff housing, this property offers endless possibilities. Don't miss out on the chance to own a piece of Prairie Creek's beauty and potential. Schedule a viewing today to explore all that this property has to offer. ****Each unit is individually titled****
Overview
On Market DateMarch 19, 2024
MLS®A2114613
Lot Size0.09 ac
ZoningR3
Year Built2001
NeighbourhoodPrairie Creek
Ownership TypeFee Simple
Primary BrokerRE/MAX FORT MCMURRAY
Interior
BasementFinished, Full
Exterior
ExteriorOther, Playground, Storage
StoreysBi-Level
Building
FoundationWood
Finished Area592 sq. ft.
Heating & Cooling
Air ConditioningNone
HeatingForced Air, Natural Gas
Features
ViewBack Yard, Backs on to Park/Green Space, Lawn, Greenbelt, No Neighbours Behind, Many Trees