Well maintained 8-unit apartment building located in Lloydminster, Alberta, offering a strong investment opportunity with full occupancy and the majority of tenants being long term. This building features 4 two-bedroom units, all with private balconies, plus 4 one-bedroom units, 3 of which include balconies. The property has seen several important updates and improvements over time, PVC windows in 2022, steel entry door security upgrades in 2025, new carpet in the common areas in 2024, hot water tank replaced in 2024. The building is heated by a hot water heating system with a Triangle Tube boiler installed in 2020 with a recent flush in 2026. Outside, there is a paved parking lot with back lane access and 7 electrified parking stalls for tenant convenience. These 8 units are separately titled, which accommodates a future clean exit strategy. A solid, well-cared-for revenue property in a desirable Lloydminster location. (id:58126)
| MLS® Number | A2300124 |
| Property Type | Multi-family |
| Community Name | Steele Heights |
| Community Features | Pets Not Allowed |
| Features | Back Lane |
| Parking Space Total | 8 |
| Plan | 094 0969 |
| Appliances | Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings, Washer/dryer Stack-up, Water Heater - Gas |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1985 |
| Construction Style Attachment | Attached |
| Fire Protection | Smoke Detectors |
| Flooring Type | Carpeted, Laminate, Linoleum |
| Foundation Type | Poured Concrete |
| Heating Type | Baseboard Heaters, Hot Water |
| Stories Total | 2 |
| Size Interior | 5896 Sqft |
| Total Finished Area | 5896 Sqft |
| Type | Apartment |
| Other |
| Acreage | No |
| Landscape Features | Lawn |
| Size Depth | 48.77 M |
| Size Frontage | 19.51 M |
| Size Irregular | 10240.00 |
| Size Total | 10240 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 10240 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | Mdr |
https://www.realtor.ca/real-estate/29588691/1-8-3105-51-avenue-lloydminster-steele-heights
Contact us for more information
Rita Baxter
Associate Broker
(306) 825-3700
https://drive.c21.ca/
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