- For Sale $1,289,000
- Property Type Multi-Family
- Property Size 5,000 SF
- Date Updated Feb 2, 2024
This lovely single storey 5-plex is on a quiet avenue blocks from the North Saskatchewan River valley, one block from the downtown core and sits on 4 adjacent lots with room for developing 2 additional units on either end of the existing development.
Built in 1957, this property is priced at $257,800 per door and less when the savvy investor/developer builds 2 more units!
Combining affordability, long term tenancy, a wait list along with the area to develop 2 additional units, this opportunity provides good upside with long term profitability in a very tight multi-family market.
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Contacts
Carla Voss
RE/MAX Commercial Capital
(780) 757-1010
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (66) -
Bike Score ®
Bikeable (64)
- City Devon, AB
- Neighborhood Devon
- Postal Code T9G 1Y4
Points of Interest
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Husky
0.13 miles
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Esso
0.20 miles
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Mobil Gas
0.23 miles
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Fas Gas
0.51 miles
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Esso
1.00 miles
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Shell
6.94 miles
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Safeway Fuel Station
7.16 miles
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Shell
7.35 miles
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ATCO Natural Gas Station
7.41 miles
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Co-op
7.65 miles
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Airport car rental parking
7.26 miles
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Easy Parkade
7.34 miles
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Value Park Lot
7.47 miles
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Overflow Parking
7.98 miles
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Park2Go
8.60 miles
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Heritage Valley Park & Ride
8.74 miles
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Park'N Fly
8.93 miles
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Phalika's Food Truck
0.10 miles
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Frickin Delights Donuts
0.10 miles
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Dairy Queen
0.27 miles
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A&W
0.27 miles
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Subway
0.47 miles
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Boston Pizza
0.90 miles
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Marci's Bar & Grill
1.04 miles
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Tutti Frutti
6.71 miles
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Chopped Leaf
6.71 miles
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Dairy Queen
6.71 miles
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Robina Baker Elementary School
0.29 miles
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John Maland High School
0.48 miles
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Riverview Middle School
0.60 miles
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Holy Spirit Catholic School
0.82 miles
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Devon Christian School
1.08 miles
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Graminia School
5.37 miles
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Dr. Margaret-Ann Armour School
6.64 miles
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Constable Daniel Woodall School
6.84 miles
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St. John XXIII Catholic Elementary and Junior High School
6.96 miles
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Parkland Immanuel Christian School
7.33 miles
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Enoch Daycare
9.43 miles
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Granville Childcare Centre
9.84 miles
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Playcare Daycare
9.99 miles
Contact Listing Broker
Carla Voss
RE/MAX Commercial Capital
(780) 757-1010