321-323 6 Avenue E Unit 1-6, Special Area 2, Alberta T0J1P0

Property Description

This well-built 6-plex offers investors and owner-occupants a rare opportunity to acquire a stable, income-generating asset in the quiet community of Hanna, Alberta. Built in 1976 on a durable poured concrete foundation with a tar and gravel roof (recently inspected), the building features six two-bedroom units, each offering 1,008 square feet of living space across two levels, with three distinct floor plans: matching layouts in the two corner units, mirrored layouts in the opposite corner units, and a separate layout shared by the two centre units. Every unit has its own private entrance and balcony, and the building includes 6 stoves, 5 refrigerators, 5 washers, 6 dryers, and off-street parking for tenants. Some units have received recent updates. With 4 of 6 units currently rented and generating steady cash flow, this is an excellent opportunity for an investor looking to acquire a partially performing asset with room to increase income by leasing up the remaining units, or for an owner-occupant looking to live in one unit while offsetting their mortgage with rental income from the rest. Note that one unit has water damage resulting from a frozen water line and will require repair; buyers should factor this into their offer and are encouraged to complete their own due diligence and inspection. Call today to book a showing or request more information. (Pictures of interior of some units to follow shortly.)