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LOADING

2 Pan Am St Swan Hills, Alberta T0G 2C0

$170,000

LOOKING FOR A CREATIVE NEW OWNER! Here's an opportunity here for an investor to turn this into a VIABLE monthly rental operation or nightly/weekend furnished accommodations. The Swan Hills area is now slow to oil/gas, so that means these units can be picked up for an asking price of ONLY $12,500/UNIT. (They are currently assessed at $24,400 per unit). This building has been winterized...the water is off (lines have been drained) & heat is off. TEN of the units could be rented out as is, but the other SIX need some repairs/cleaning. All 16 units in the two 8-unit buildings are all individually titled and set up as a condominium...so that is another option for you. Great UPSIDE POTENTIAL in a down economy! *** Banks will not finance in Swan Hills at this time *** (id:42336)

Property Details

MLS® Number E4255515
Property Type Multi-family
Neigbourhood Swan Hills
Features See Remarks, Flat Site
Parking Space Total 1

Building

Constructed Date 1980

Land

Acreage No
Size Irregular 34075
Size Total 34075 Sqft
Size Total Text 34075 Sqft

https://www.realtor.ca/real-estate/23465859/2-pan-am-st-swan-hills-swan-hills

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Kim F. Martin
Associate

(780) 305-4557
(780) 674-3310
resultsbarrhead.alberta.remax.ca/

RE/MAX Results
5109 55a St
Barrhead, Alberta T7N 1E6

(780) 674-3311
(780) 674-3310

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