$450,000
 $2,416 est/mo Sourced by Back At You

1 3 Avenue Southeast,Falher, AB T0H1M0

Falher, AB T0H1M0

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Description

Investment opportunity with this 5-unit rental building located in the community of Falher. The property offers a well-balanced mix of unit sizes, making it attractive to a wide range of tenants. The building includes a 3-bedroom, 1-bathroom unit (Unit 1) that has seen several recent upgrades, including all new windows, new countertops, a new sink, and a new stove. Unit 2 is a 1-bedroom, 1-bathroom unit, while Units 3 and 4 each offer 2 bedrooms and 1 bathroom. Unit 5 is a 1-bedroom, 1-bathroom bachelor-style suite. Each unit is equipped with its own private laundry, a highly desirable feature that adds convenience for tenants and enhances rental appeal. With functional layouts, thoughtful updates, and solid rental income, this property presents a strong opportunity for investors seeking stable income. Conveniently located close to local amenities and services, this Falher rental building offers long-term value and excellent income potential. Book your showing today! (id:13843)

Details

MLS #A2273664
Listing TypeFor Sale
StatusActive
Year1988
Days On Site323
Listing Provided BySutton Group Grande Prairie Professionals | Walker Côté

Features

SQ Feet2,400
Story(s)1
ZoningR3
Acreage0.18

Interior

AppliancesRefrigerator, Stove, Washer & Dryer
Fireplace Yes / NoNo

Parking

Parking Total4

Taxes

Tax Annual Amount5910
Tax Block18
Tax Lot5
Tax Year2025

Area Information

ProvinceAB
CityFalher
Postal CodeT0H1M0
Listing VS Median (in T0H1M0)
Price:
$450,000
low | high
Med:
$209,950
100% of Average
sqft:
2,400
low | high
Med:
1,362
93.270833333333% of Average
$ / sqft:
$188
low | high
Med:
$161
64.276582467173% of Average
On site:
323
low | high
Med:
199.5
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Kevin O'Brien

Kevin O'Brien

Sutton Group - Quantum Realty Inc- Brokerage

Sales Representative, (905) 330-0838kobrien@sutton.com
ProvinceAB
CityFalher
Postal CodeT0H1M0
Listing VS Median (in T0H1M0)
Price:
$450,000
low | high
Med:
$209,950
100% of Average
sqft:
2,400
low | high
Med:
1,362
93.270833333333% of Average
$ / sqft:
$188
low | high
Med:
$161
64.276582467173% of Average
On site:
323
low | high
Med:
199.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $337K - $562K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
107 6 Avenue SW Property Photo 1
$389,999
107 6 Avenue Sw
Falher, AB T0H1M0
Listing Updated: October 19, 2026 at 5:47:10 PM PDT

Kevin O'Brien - Sutton