This is a 3 unit rental property located in the south end of Peace River making it a fantastic opportunity to be added to a portfolio or to be the starting investment for a new investor. Currently the units rent between $850-$950 and with the current market rates there is the possibility to have greater income . The property consists of 2 - 1 bedroom 1 bath units and one bachelor unit. The recent renovations include shingles, hot water tank, some lighting and plumbing upgrades and some new windows installed. There is also the option of living in one unit and renting the others out - this offsets the expenses to the owner and supply a living area as well.More details
This fully rented 5-unit apartment building is centrally located in the town of Hanna, just minutes from the hospital and nearby amenities. The property offers a desirable unit mix consisting of four one-bedroom units and one two-bedroom unit, all occupied by long-term tenants, providing stable and consistent rental income. Each unit is equipped with a fridge and stove, and tenants have access to a shared coin-operated washer and dryer. The building features a durable metal roof, helping to reduce long-term maintenance costs. While the property requires some TLC, it presents a solid value-add opportunity for investors looking to enhance returns over time. A well-located income property with upside potential, ideal for expanding or starting a rental portfolio.More details
Calling All Investors! Don’t miss this excellent opportunity to own a fully rented 4-plex in Hanna, AB. This solid income-generating property offers steady rental revenue and long-term tenants who treat the units like home. Each unit features 1 bedroom, a full bathroom, a comfortable living room, and a functional kitchen with a separate dining area. The two upper-level units also boast private side balconies, perfect for added outdoor space. Appliances, including fridge and stove, are included with each unit, and a newer shared washer and dryer is available in the common laundry area for tenant use. The property has seen thoughtful updates over the years, including flooring, some appliances, and upgrades in bathrooms and kitchens. Designated parking is available for each unit, and the building’s location is just steps from Hanna’s downtown core—making it convenient for tenants and ensuring continued rental demand. Currently bringing in $3,500/month in rental income, with tenants responsible for their own electricity and internet, this 4-plex is a true turn-key investment. With no difficulty filling vacancies and reliable long-term renters already in place, this property offers peace of mind and excellent cash flow. Location, income, and potential—this investment has it all!
Don’t wait—contact your realtor today to learn more.More details
THE INVESTMENT YOU HAVE BEEN LOOKING FOR, JUST BECAME AVAILABLE!! 3 Bdms, 2 full baths in EACH side just for starters. Now lets talk about this in more detail. The Great Room design of this home, offers the full benefits of being able to spend time with your family and friends with out that irritating wall, blocking your sight of them. The kitchen island not only adds additional prep space but offers a great eat up breakfast bar, allowing you to have additional guests for dinner. The large picture window overlooks the quiet street allowing sunshine to fill the main floor. 2 bedrooms & FULL BATH complete the main floor. The lower level features a very large, fantastic family room, where you are sure to enjoy many hours of family fun or just relaxing, watching a move. A full bath, bedroom & laundry area complete the lower level. A short walk to shopping & schools, makes this a perfect family home. At the end of the day, you have the luxury of going for a relaxing walk through nature as there is nothing but nature behind you or,,,, you can relax in the fenced yard with your family and friends. FOR YOUR PEACE OF MIND? SHINGLES WERE REPLACED LAST YEAR, SOME NEW FLOORING WAS JUST BEEN INSTALLED AND..... RECENTLY REPAINTED. IT'S TRUILY A MAGNIFICENT PROPERTY, IN AMAZING CONDITION. If you're a first time home owner, why not let someone else pay your mortgage? You live in one side and rent the other.More details
Unique property with several different options available. Full side by side duplex on 1 title. Each side is a 2 bedroom 1 bathroom.
Subdivision Potential: Possibility to subdivide lot to build a single- family home or another duplex.
Flexible Living and Investment Options: Rent both units for maximum income. Live in one unit and rent the other. Long term tenant in west unit wishes to stay. East unit is available immediately.
Upgrades and condition: East unit features a newly renovated kitchen. Both units have large windows throughout for abundant natural light. Property is well maintained and in excellent condition.
Accessibility: One level living, ideal for seniors or those with mobility needs.
Recent improvements: two new 100-amp electrical panels. LED lighting. Washer, Dryer, hot water tank replaced 3 years ago
Comfort and Convenience: West side – Window A/C unit. East side – stationary vented A/C in living room. Laundry room is separate from units and shared by both. Crawl space with concrete floor and individual counterflow furnaces. Commercial-grade torched down membrane roof system with silver coating for durability and heat reflection. Underground power and cable / fibre optics.
Tenant and Owner Responsibilities: Owner pays water, sewer, and garbage. Tenant pays gas and electricity. Tenant also takes care of lawn maintenance and snow removal
Bonus Income Potential: Detached, insulated, and drywalled two-car garage – rentable separately for additional income or a perk for tenants.
Other potential options: Option to add a second floor to house. There is room at front of house to add front driveways.More details
The High Apartment Buildings, a historic trademark of High Prairie since 1945, began its life as "The High Motel" and
has since evolved into a charming multi-use property. Today, it offers six apartments alongside a flexible office space, which the current
owner utilizes but has rented out in the past—most recently to the local Shoe Repair Shop. The basement adds even more utility, serving as
a private recreation and storage area. Whether you're drawn to its vintage appeal, its income potential, or its central location, this property
is a rare find. Don’t miss the chance to explore it yourself—call, email, or text today to schedule a viewing!More details