Gracefield
Property description
Great investment opportunity in Gracefield! This well-maintained 5-unit, semi-detached style, property has been updated over the years and offers a practical, attractive layout. Each unit features 2 bedrooms, a full bathroom with washer-dryer hook-up, a spacious functional kitchen, and a bright living room with patio doors leading to a private terrace. Units are rented without heat or electricity included, and each has its own hot water tank. Large parking area and peaceful location close to Gracefield's services and amenities. An easy-to-rent property with excellent potential for investors.
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
Alpine skiing, ATV trail, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park, Snowmobile trail
Taxes and expenses
| Municipal | $9,365 |
| School | $278 |
Building and interior of the property
| Bedrooms | 2 |
| Bathrooms | 1 |
| Number of rooms | 5 |
| Living area | 4688 Square Feet |
| Land area | 2052.2 |
| Dimension of the front of the land | 58.7 |
| Year built | 1992 |
| Municipal assessment (land) | $43,600 |
| Municipal assessment (building) | $395,000 |
| Municipal assessment (total) | $438,600 |
| Assessment year | 2026 |
| Irregular land | Yes |
| Potential gross revenue | $46,044 |
| Available services | Electricity Connected, Water Connected, Yard |
| Basement | Crawl space, Low (less than 6 feet) |
| Distinctive features | Detached |
| Driveway | Unpaved |
| Foundation | Poured concrete |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Landscaping | Landscaped |
| Laundry | 1st level/Ground floor, Bathroom, In bathroom ground level |
| Parking | Driveway, Outdoor parking |
| Roofing | Sheet metal |
| Sewage system | BIONEST system |
| Siding | Aluminum |
| Topography | Flat |
| Water supply | Municipality |
Addendum
| - 5-unit residential income property updated and improved over the years. - Clean and well-maintained building offering an excellent opportunity for investors. - Approximately $46,000 in annual rental income. - Units are rented without heat or electricity included. Each unit offers 2 bedrooms and 1 full bathroom with washer-dryer hook-up. - Spacious functional kitchens and generous living rooms with patio doors. - Each unit benefits from its own private outdoor terrace. - Individual hot water tank for each unit. - Large parking area accommodating multiple vehicles. - Metal roof. - Two Bionest septic systems installed approximately 10 years ago. - Property connected to the City of Gracefield municipal water system. - Located in a peaceful area close to Gracefield's shops, grocery stores, restaurants, schools, and essential services. - The surrounding area is known for its many lakes and waterways, natural surroundings, and year-round outdoor activities. - Functional rental configuration with excellent long-term potential for investors. |



































































