340 4th Avenue NE, Portage La Prairie

$3,795,000

340 4th Avenue NE, Portage La Prairie

MLS® Number: 202407641

Description

Unique 64 Mutli-Unit Residential Development! The current ”Yards on fourth” project has 12 units over 3 buildings completed with the balance of 52 units in 13 buildings to be completed. The remaining site is 3.65 acres. It is completely ready for the new owner to move forward! Clean environment, all zoning completed, all water, sewer, power in the ground, fire hydrants, all grading and site work is completed. Complete plans/blueprints are available. All common areas are completed with mature trees, picnic areas, approved fire pit area and stone feature. Internet is high speed fiber. All 12 units are rented, generating instant income. Existing units consist of 8-2 bed/2 bath and 4-3 bed/2 bath units. Or new owner can change to their own building plan creating higher density. A unique opportunity to start building immediately on a turnkey site! all site visits that will be attended by the owner. Immediate possession is possible. PRICE SUBJECT TO GST.

Property Summary

Property Type

Multi-Family for Sale

Property Style

Two Storey

Community

Portage La Prairie

Neighbourhood

Portage la Prairie - Northeast - North of Tracks

Land

Frontage

507 ft.

Lot Depth

312 ft.

Location Map

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