This is a great opportunity to own a 4 plex with a cap rate of 9-10% in the community of Killam, located 40 minutes east of Camrose in Central Alberta. All units are currently rented, Unit 1 is occupied by the owners at this time. 0% vacancy rate. The units are all 2 bedrooms and 1 bath with insuite laundry. This is an affordable way to get into the housing market, live in the upper unit and let the other units pay down your mortgage. There are 4 designated off street parking stalls as well as street parking the front. There is also a storage shed at the back of the property for your lawn and snow maintenance equipment.
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