221 Sitka Drive, Fort McMurray, AB T9H 3C1

$899,900
8
BD
5
BA
2,192
SqFt
List Price
$899,900
Status
ACTIVE
MLS® #
A2130322
Year Built
1996
Bedrooms
8
Total Bathrooms
5
Full-Baths
5
Living Area
2,192
Neighborhood
Thickwood

Property Description

Welcome to 221 Sitka Drive: This side-by-side single-title duplex presents an exceptional investment opportunity, currently generating a total rental income of $7,500 per month. With four units under one roof—two lower and two upper suites—this property offers a lucrative venture for savvy investors. Long-term renters, who express a desire to remain, currently occupy the units, showcasing the stability and reliability of this investment. The property has been meticulously maintained by the current owner, ensuring a turnkey experience for the new owner with new shingles replaced in 2018 and new front decks and stairs in 2022 while the stucco was painted in 2020. Inside, each unit features cohesive finishes, with the upper suites boasting gas fireplaces and hardwood floors, while the lower units offer luxury vinyl plank flooring and electric wall heaters. Additionally, each unit is equipped with its own laundry facilities, hot water tanks, and heat source. The layout of each unit is similar, comprising an open living space, spacious kitchen, and two bedrooms along with a four-piece bathroom. Most of the furniture throughout the units is included in the sale, enhancing the convenience for both the new owner and tenants. One of the upper units stands out as more executive, featuring a second bathroom and central air conditioning for added comfort. Nestled on a large, fully fenced corner lot, the property offers parking for up to eight vehicles in front and backs onto green space and parks. Its central location in the heart of Thickwood provides easy access to retail stores, bus stops, and schools, adding to its appeal and investment potential. Don't miss out on this opportunity to expand your real estate portfolio. Schedule your tour today and seize the potential offered by this full duplex.

Additional Information

Exterior
Stucco
Parking Desc
Driveway, Front Drive, Parking Pad, Paved, Side By Side, Tandem
Foundation
ICF Block
Fireplace Desc
Gas
Flooring
Carpet, Hardwood, Laminate, Vinyl Plank
Roof
Asphalt Shingle
Heating
Forced Air, Natural Gas
Parking Spaces
8

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of The Agency North Central Alberta.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .