Adult 55+
4907 54 Avenue Grimshaw, AB
$ 450,000
Property Attributes
  • MLS#GP215060
  • TypeCommercial
  • CityGrimshaw
  • Postal CodeT0H 1W0
  • Style
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5200
Listing Provided Courtesy Of:
Peace River Town and Country Realty
Property Description

Great multi door rental opportunity for you to take advantage of is now on the market - 6 unit apartment complex with 5 two bedroom units and 1 one bedroom you have a small enough property that you can maintain and monitor yourself and get good income with - retirement possiblity???? Great investment property that potentially could bring in almost $6000 per month!!! Great return on investment in a short period of time. Many renovations over the past few years including new roof, new windows, 3 of the units have been renovated with a 4th currently undergoing renovations. Newer furnaces and hot water tanks in last 5-7 years, all new pex plumbing, upgraded electrical panels c/w additional kitchen plugs and new flooring in most units Great location close to the downtown area of Grimshaw Alberta and located close to the schools, town administration building and multiplex. The sign is up!!! Call today to take a look!!

Price History
3/27/2020 Listed $450,000

General Features

Garage no
Listing Type Commercial
Parking no
Terms SALE
Wheel Chair Access no
Zoning R2

Interior Features

Fireplace no

Exterior Features

Pool Y/N no


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T0H 1W0

AVG $460K
AVG 28
AVG 26
Data Provided by Walkscore ® not using MLS data