TURNKEY INVESTMENT OPPORTUNITY! This maintained fiveplex in Brooks offers an excellent opportunity to add a fully occupied, income-producing property to your portfolio. Built in 1976, the property features five 2-bedroom units, each equipped with a fridge, stove, washer and dryer. The building is fully rented and generating approximately $63,000 in annual gross rental income, with tenants responsible for their own gas and power while the owner pays water. Recent improvements include some newer windows and an updated metal roof, providing added peace of mind and long-term value. Located directly beside a playground in the established Ingram Park neighbourhood, this property offers a convenient setting for tenants and strong rental appeal. With five individual units, established tenancy, separate utility responsibility and recent exterior improvements, this is an attractive opportunity for investors seeking stable cash flow and long-term growth potential in Brooks. Fully rented. Strong income. Established property. Excellent investment opportunity.
Address
A-E, 51 Ingram Park Drive
List Price
$625,000
Property Type
Commercial
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Brooks
Sub-Area
Ingram Park
Year Built
1976
MLS® Number
A2336397
Listing Brokerage
RE/MAX Main Street Realty
Postal Code
T1R 0L1
Zoning
RLD