Description

Excellent opportunity to own a cash-flowing revenue property in one of Grande Prairie's most desirable family neighborhoods. Located at 11212 75A Avenue, this well-maintained up/down duplex offers 5 bedrooms, 2 full bathrooms, strong rental history, and serviced for for peace of mind The upper suite features 3 bedrooms and 1 bathroom with a bright open-concept layout, spacious living area, and functional kitchen and dining space. The lower suite offers 2 bedrooms and 1 bathroom, providing excellent flexibility for tenants or multi-generational living. Currently generating $3,900/month in rental income with the upper suite rented for $2,100/month and the lower suite rented for $1,800/month. Ownership pride is evident throughout, with major systems regularly maintained. The lower furnace was replaced 3 years ago, while both hot water on-demand systems have been professionally serviced annually. The roof is in good condition, offering added peace of mind for investors. A standout feature of this property is the custom-built 8' x 8' insulated outbuilding, professionally finished to match the home's exterior. Complete with soundproof insulation, ventilation for welding or heat extraction, hardwired ethernet with six connection points, dual 100-amp panels supplying 50 amps each, and a secure steel door with dual locks, this versatile space is ideal as a workshop, welding shop, hobby room, gaming space, gardening room, home business setup, or even a potential additional rental feature. Utilities are currently included in rent, with electricity and gas averaging up to approximately $250/month. The existing Telus internet plan may be transferable to the new owner, providing access to a highly competitive rate. Whether you're looking to expand your investment portfolio, live in one suite while generating income from the other, or secure a turn-key rental property in a strong location, this property deserves a closer look.