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$239,900

Hanna AB, T0J 1P0

MLS® # A2253450

Property Information:

Calling All Investors! Don’t miss this excellent opportunity to own a fully rented 4-plex in Hanna, AB. This solid income-generating property offers steady rental revenue and long-term tenants who treat the units like home. Each unit features 1 bedroom, a full bathroom, a comfortable living room, and a functional kitchen with a separate dining area. The two upper-level units also boast private side balconies, perfect for added outdoor space. Appliances, including fridge and stove, are included with each unit, and a newer shared washer and dryer is available in the common laundry area for tenant use. The property has seen thoughtful updates over the years, including flooring, some appliances, and upgrades in bathrooms and kitchens. Designated parking is available for each unit, and the building’s location is just steps from Hanna’s downtown core—making it convenient for tenants and ensuring continued rental demand. Currently bringing in $3,500/month in rental income, with tenants responsible for their own electricity and internet, this 4-plex is a true turn-key investment. With no difficulty filling vacancies and reliable long-term renters already in place, this property offers peace of mind and excellent cash flow. Location, income, and potential—this investment has it all!Don’t wait—contact your realtor today to learn more.

Inclusions: N/A

Building Features:

  • Total Finished Area: 1571.00

Property Features:

  • Built in: 1950
  • Floor Space (approx): 1571.00 Square Feet
  • Zoning: R2
  • No. of Parking Spaces: 4

Courtesy of: eXp Realty

Data provided by: REALTORS® Association Of South Central Alberta Box 997, Brooks, Alberta, T1R 1B8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 214 2 Avenue EAST, Hanna, AB, T0J 1P0

Demographic Information of 214 2 Avenue EAST, Hanna, AB, T0J 1P0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$103,893.61

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.12 %

High school certificate or equivalent

36.5 %

Apprenticeship trade certificate/diploma

13.05 %

College/non-university certificate

16.55 %

University Degree

9.78 %

Commuter

Travel To Work

By Car

83.28 %

By Public Transit

0.0 %

By Walking

14.42 %

By Bicycle

0.0 %

By Other Methods

2.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.56 %

Houses

97.44 %

Own Vs. Rent