01 / Property Detail
SOUTHWEST INNISFAIL
5219 & 5221 41 Street , Innisfail, AB
$649,900
Multi-Family · MLS® A22907792,088Sq Ft
4Garage
1978Year Built
02 / Overview
PROPERTY OVERVIEW
Turnkey Investment Opportunity – Full Duplex with 4 Suites (2 Illegal)
Exceptional and well-located property offering FOUR doors in one FULL DUPLEX! Both sides have been renovated and reconfigured into 2 suites per side with separate entries — one upper suite and one lower illegal suite.
The upper floors each feature 3 bedrooms and a 4-piece bathroom. The lower illegal suites offer 2 bedrooms and a 4-piece bathroom each. New flooring has been installed in both basements along with kitchenettes, adding modern...
03 / Details
PROPERTY DETAILS
Property TypeMulti-Family
Building TypeDuplex
Total Finished Area2,088 sq ft
ZoningR2
HeatingForced Air
ParkingAttached Carport • Parking Pad
BasementFull
Year Built1978
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$774After mortgage & expenses
Cap Rate5.9%Based on market rents
Cash on Cash Return7.2%With 20% down payment
Est. Monthly Rent$3,654Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SOUTHWEST INNISFAIL
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Tylee Heppler · RE/MAX real estate central alberta