5502 - 60 Street | Vegreville, AB | Northfield Commercial Real Estate

Vegreville, AB

reduced

$1,620,000

Property Attributes

Property Type Multifamily

List Price $1,620,000

Address 5502 60 Street

City Vegreville

Province AB

Lease or Sale sale

SQFT 0 Sqft

Active / Sold active

Description

Maple Street Place is a fifteen suite apartment building located at 5502 – 60 Street in Vegreville, Alberta. It is a two and a half storey walk-up, wood-frame construction building with balconies, which have new railings and decks. The building was built in 1980. Parking is a surface, gravel lot.
The suite mix is 14 one-bedroom suites and 1 two-bedroom suite.
Two of the suites are entirely new units.
All suites have new espresso colored wood cabinetry, laminate flooring, new countertops, low-flow flush toilets, in-suite storage, and a dishwasher. All corner suites have electric fireplaces. There is a common laundry room on the main floor with Italian tile and solid wood espresso oak cabinetry.
Unit 304 is a new two-bedroom suite with in-suite laundry, storage, electric fireplace, kitchen island, and a corner pantry.
Unit 305 has a kitchen island, electric fireplace, and in-suite storage.
The building has been upgraded with a new tar and gravel roof, stucco and brick masonry to the exterior, which is maintenance free, a new forced air make up and a new boiler. All units have new laminate floors, wood cabinets and countertops. New sidewalk and landscaping was completed in 2018.
There is no deferred maintenance, as the current owners have always addressed any deficiencies in a timely manor.
The building was also recently master keyed.
Maple Street Place is a premium apartment building in Vegreville, and has always attracted good quality tenants.

5502 60 Street, Vegreville, AB, Canada

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$1,620,000

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https://northfieldcommercial.com/properties/5502-60-street/

5502 60 Street, Vegreville, AB, Canada

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