38 N Railway Street , Okotoks

7 Bed / 4 Bath / $899,999 / MLS® Listing #:A1229859

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Convenient and massively desired 4-Plex Multi-unit building in the heart of downtown Okotoks. AMAZING investment opportunity for several reasons: COMMERCIAL/RESIDENTIAL ZONING, OKOTOKS WOULD LIKE TO SEE A DEVELOPMENT HERE (PLANS ATTACHED FOR A PROPOSED BUILDING), ADDITION TO THE BUILDING TO ADD MORE SUITES. Huge 30.5mx26.2m (100 feet x 85 feet) LOT. THE BUILDING HAS BEEN ALMOST COMPLETELY RENOVATED AND HAS BEEN WELL CARED FOR. WITHIN MINUTES OF LISTING A RENTAL SUITE THERE IS A BUNDLE OF GREAT APPLICATIONS. People desire to live here due to the proximity of amenities and being so close. Situated in ever-growing popular Old Towne Okotoks, this property offers an opportunity to get in on the charm of small-town and big-city living!. The rental income on the property is currently $4650/month and is a little light for the location and demand of the property. Hold this property with good cash flow, or BUILD a 3 + story building with commercial on the lower and residential above! Please contact your realtor for more information.

Property Details

Property Type Row/Townhouse
Property Style 1 and Half Storey
Square Feet 2079.00
Days On Our Website 58
Basement Finished,Full
Full Baths 4
Half Baths 0
Flooring Carpet,Laminate,Linoleum
Air Conditioning None
Heating Forced Air,Natural GasForced Air,Natural Gas
Exterior Vinyl Siding,Wood Frame
Roof Type Asphalt Shingle
Foundation Poured Concrete
Garage Type Driveway,Off Street

Listing Office: COLDWELL BANKER MOUNTAIN CENTRAL

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