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54 S 1 St W Magrath, Alberta T0K 1J0

3092 sqft
Central Air Conditioning, See Remarks Forced Air, Space Heater

$740,000

Welcome to Susan's Place. Built in 1940 and served as many retail uses including a restaurant just before becoming a residential space. Two separate buildings demised into 6 residential units with the main building housing 4. The 2nd building on Civic Ave. is demised into 2 units. The main building is 2,240sq.ft with unit #4 being a 1-bedroom, #5 & 6 being bachelor suites and #3 being a 2-bedroom. The 2nd building is 665sq.ft. with units #1 & 2 being bachelor suites. All units recently renovated in 2022 including an addition attached to unit #3, a new furnace that services units #3 & 4 and new 200-amp main electrical service with 100-amp sub-panels and a 10 year old flat roof consisting of torch-down membrane. Unit #4 has a small basement of about 10'x10' with all the plumbing piping. All tenants wish to stay. However, if you're planning to live in one unit and run your AirBnB business, that is always an option. Current owner used to do that, and it was very successful due to its proximity to Waterton National Park averaging between $100 - $150/night per unit. Call your favorite Realtor today and schedule a viewing!! (id:28267)

Property Details

MLS® Number A2126753
Property Type Multi-family
Features See Remarks, Visual Exposure
Plan 3046h
Total Buildings 2

Building

Constructed Date 1940
Construction Material Poured Concrete, Wood Frame
Cooling Type Central Air Conditioning, See Remarks
Exterior Finish Brick, Concrete
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete, See Remarks, Slab
Heating Type Forced Air, Space Heater
Size Exterior 3092 Sqft
Size Interior 3092 Sqft
Total Finished Area 3092 Sqft
Type Multi-family

Land

Acreage No
Size Depth 36.57 M
Size Frontage 9.75 M
Size Irregular 3840.00
Size Total 3840 Sqft|0-4,050 Sqft
Size Total Text 3840 Sqft|0-4,050 Sqft
Zoning Description Central Commercial

https://www.realtor.ca/real-estate/26811505/54-s-1-st-w-magrath

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