Morinville, AB T8R1P7 10201 100 AV
$457,000
35 more
Presented By: MaxWell Progressive
Home Details
Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building with a potential for over a 8 cap rate and could easily be bumped up to double digit returns with adjustments of leases. Built in 1910 , this building had benefited from major infrastructure upgrades in 2010 to the plumbing, electrical and heating. Main floor offers over 2000 square feet of office retail, currently leased to a law firm. Bright open reception area with 2 offices in the back. The second floor offers a three bedroom unit with hardwood floors, and a one bedroom unit also updated. Great revenue property to add to your portfolio! (id:7434)
Presented By: MaxWell Progressive
Interior Features for 10201 100 AV
Other Interior Features
Building Fireplace PresentFalse
General for 10201 100 AV
NeighbourhoodMorinville
Parking Space Total4
Property TypeMulti-family
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty