Courtesy Of Lee Smithson Of RE/MAX Real Estate

106 Jespersen Av, Spruce Grove

$1,123,000


Nearly completed 5 suite complex in Spruce Grove offering (3) 2 Storey 2 bedroom units along with (1) 3 bedroom unit and (1) 1 bedroom unit raised basement suites. Each 2 bedroom unit has main floor kitchen, living room/dining area and half bath with stacked washer/dryer along with 2 bedrooms and 4pc bath on upper level as well as an 8'x10' deck. The 3 bedroom suite has living room, kitchen, dining, 4pc bath and separate laundry room as well as 8'x10' patio. The 1 bedroom suite has open concept kitchen/living/dining, 4pc bath with stacked laundry and storage room as well as an 8'x10' patio. Cap Rate of 5.84% based on Projected Performa. Great investment with high demand for rental properties.

Listing Details
Office

Courtesy Of Lee Smithson Of RE/MAX Real Estate

Essential Information
MLS® #E4197978
Price$1,123,000
Square Footage4,570
Acres0.17
Year Built2020
TypeMulti-Family Commercial
StatusACTIVE
Community Information
Address106 Jespersen Av
AreaSpruce Grove
SubdivisionCity Centre
CitySpruce Grove
ProvinceAB
Postal CodeT7X 2H7
Amenities
Parking Spaces7
Amenities

Appliances Included, Balconies, Natural Light, Parking-Visitor, Carbon Monoxide Detectors, Deck, Detectors Smoke, Laundry-In-Suite, Parking-Plug-Ins, Programmable Thermostat, Vinyl Windows

Features

Golf Nearby, Playground Nearby, Shopping Nearby, Public Transportation, Treed Lot, Paved Lane, Schools

Interior
# of Stories2
Exterior
ConstructionWood Frame
Additional Information
ZoningR2

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Listing information last updated on July 3rd, 2020 at 10:46pm MDT.