614 1 Street Street NE Sundre, AB T0M1X0

$410,000
2,010
SQFT
204
$/SQFT
$410,000
2,010   sf
$204 / sf
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sold - 07/09/2024
1/50
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$2800 per month rental income plus Utilities paid by tenants. Great Rental Duplex, Side by Side, Two Units approximately 1000 sq ft each, very well maintained units comprising of two bedroom and one bathroom per unit, undeveloped basements with the potential to add further bedrooms and living space. Town would also support rezoning to a 4 plex. Centrally located in Sundre where rental properties are rare especially multi unit, this property is close to the police station and hospital and make great rentals for professionals moving to town. One unit is rented from Dec1st at $1500 plus utilities and has been professionally repainted with new flooring in the bedrooms, Sundre has a severe shortage of rental property and finding good tenants is easy in a small town. Other tenant currently pays $1300 plus all bills and this could easily be increased. Or buy this wealth builder, live in one side and rent the other !!!!Inside you will find bright open units with a large living and dining area, wood burning stove in one unit and fireplace in the other, patio doors out onto a small private deck. Each unit has two bedrooms and one 4 piece bathroom, Downstairs the basements are undeveloped but could easily be finished to add further bedrooms and a bathroom. They have fireplaces in the basement and large windows so would make comfortable additional living space.Outside is back lane access to a parking pad for each unit and a small easily maintained garden, fenced between the two units. These units face out onto Snake Hill Park and are easy walking distance to the hospital, schools and amenities. Sundre is a growing community with a ZERO Rental Vacancy Rate. The town is open to transforming the basements into suites but would need to follow all requirements and the property would need to be rezoned to R2.

$2800 per month rental income plus Utilities paid by tenants. Great Rental Duplex, Side by Side, Two Units approximately 1000 sq ft each, very well maintained units comprising of two bedroom and one bathroom per unit, undeveloped basements with the potential to add further bedrooms and living space. Town would also support rezoning to a 4 plex. Centrally located in Sundre where rental properties are rare especially multi unit, this property is close to the police station and hospital and make great rentals for professionals moving to town. One unit is rented from Dec1st at $1500 plus utilities and has been professionally repainted with new flooring in the bedrooms, Sundre has a severe shortage of rental property and finding good tenants is easy in a small town. Other tenant currently pays $1300 plus all bills and this could easily be increased. Or buy this wealth builder, live in one side and rent the other !!!!Inside you will find bright open units with a large living and dining area, wood burning stove in one unit and fireplace in the other, patio doors out onto a small private deck. Each unit has two bedrooms and one 4 piece bathroom, Downstairs the basements are undeveloped but could easily be finished to add further bedrooms and a bathroom. They have fireplaces in the basement and large windows so would make comfortable additional living space.Outside is back lane access to a parking pad for each unit and a small easily maintained garden, fenced between the two units. These units face out onto Snake Hill Park and are easy walking distance to the hospital, schools and amenities. Sundre is a growing community with a ZERO Rental Vacancy Rate. The town is open to transforming the basements into suites but would need to follow all requirements and the property would need to be rezoned to R2.

  • Neighborhood
  • Type
  • County
    Mountain View County
  • Status
    Sold
  • Listing #
    A2126158
  • Built
    1975
  • Listed on site
    73 days
  • Listing Agent Id
    CKENNEDSA3
  • Sold Price
    410000.00
  • Listing Brokerage
    Real Broker

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2024-07-09 18:23:15
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Property details

Community Features

  • No HOA

Exterior features

  • Fence
  • No Pool
  • Parking Off-Street

Interior Features

  • Basement Unfinished
  • Basement Full
  • Heat Gas

Style

  • Bungalow
  • One Story
  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Jul 9, 20242 mos agoPrice decreased9,000 (2%)$410,000
Jun 25, 20242 mos agoNew on market$419,000
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