271,275,279,283,287 Mustang Road, Fort McMurray, Alberta

$899,000

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3

Beds

2

Baths

592

Square feet

0.09

Acres

About 271,275,279,283,287 Mustang Road

**Investment Opportunity: 5-Unit Property in Prairie Creek** Nestled in the serene beauty of Prairie Creek, this property on Mustang Rd presents a rare investment opportunity. Comprising five spacious units, each boasting three bedrooms, a full bathroom, and a convenient half bathroom, this property offers comfortable living spaces for potential tenants or owners. One of the standout features of this property is its location, backing onto green space. Residents will relish the peacefulness and natural beauty that surrounds them, with walking trails and bike paths meandering through the area, perfect for outdoor enthusiasts. Inside, each unit is thoughtfully designed with a bi-level layout, providing a sense of space and privacy. The units are equipped with all the essential appliances, including a fridge, stove, dishwasher, washer, and dryer. Some units have been updated with newer flooring, adding a modern touch to the interiors. For investors, this property presents an excellent opportunity for rental income. Two units are currently rented, with tenants willing to stay, ensuring immediate returns on investment. Moreover, the absence of condo fees makes these units highly attractive to potential renters, enhancing their rental appeal. Convenience is key with this property, as each unit is allocated two parking spaces, ensuring ample parking for residents and guests alike. Additionally, its proximity to schools and shopping adds to its appeal and convenience for residents. A major highlight of this property is its large shared backyard. Each unit features a deck, providing a perfect spot for relaxation or hosting gatherings. Stairs lead down to the backyard, making it easily accessible to all residents and offering a communal space for enjoyment. Whether you're looking for a lucrative investment opportunity or seeking staff housing, this property offers endless possibilities. Don't miss out on the chance to own a piece of Prairie Creek's beauty and potential. Schedule a viewing today to explore all that this property has to offer. ****Each unit is individually titled****

Features of 271,275,279,283,287 Mustang Road

MLS® # A2114613
Price $899,000
Bedrooms 3
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 592
Acres 0.09
Year Built 2001
Type Residential
Sub-Type Row/Townhouse
Style Bi-Level
Status Active

Community Information

Address 271,275,279,283,287 Mustang Road
Subdivision Prairie Creek
City Fort McMurray
County Wood Buffalo
Province Alberta
Postal Code T9K 5L7

Amenities

Parking Spaces 2
Parking Driveway, Front Drive, Stall, Outside, Owned
Is Waterfront No
Has Pool No

Interior

Interior Features Laminate Counters, No Smoking Home, Pantry, Storage, Walk-In Closet(s)
Appliances Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Features Other, Playground, Storage
Lot Description Back Yard, Backs on to Park/Green Space, Lawn, Greenbelt, No Neighbours Behind, Many Trees
Roof Asphalt Shingle
Construction None
Foundation Wood

Additional Information

Date Listed March 19th, 2024
Days on Market 38
Zoning R3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX FORT MCMURRAY

Listing Map