Listed By:
406 3 Avenue SW, Black Diamond, AB
$ 674,900
Property Attributes
  • ID#A1233147
  • TypeMulti-Family
  • CityBlack Diamond
  • Postal CodeT0L 0H0
  • StyleBi-Level
  • Price$ 674,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1980
Data Source:
Pillar 9 Technologies
Property Description

Here is a sweetheart of an investment property in the up-and-coming Town of Black Diamond! Legal 4plex with long term tenants. Super large (66x175) lot and no homes across the street offers a beautiful property with a view and 10 onsite parking spaces. This unit is in good condition and features 2, 3-bedroom units on the main level and 2, 3-bedroom units in the basement. Unit 1 has had the kitchen replaced as can be seen in the photos. Units are approx. 990 ft2. The windows were replaced three years ago at the same time, the vinyl siding was done as well. All the eaves troughs were done the year before. Sliding doors were done 10 years ago. The balconies were completely replaced with low maintenance products vinyl railings. Tenants pay utilities and there are 4 separate gas and electric meters. Rents are well below market value and there has been a Zero (perfect) vacancy rate for the past 8 years. The 2 top levels rent for $930 & $950 per month + utilities. The lower units rent for $925 & $920 per month + utilities. Owner pays water & sewer. Viewings only for qualified buyers please contact your Realtor for a viewing.

Price History
7/6/2022 Listed $674,900

General Features

Arch Style Bi-Level
Basement See Remarks
Community Features Park, Schools Nearby, Playground, Sidewalks, Shopping Nearby
Construction Materials Vinyl Siding, Wood Frame
Cooling None
Heating Forced Air, Natural Gas
Parking Total 8
Property SubType 4 plex
Property Type Multi-Family
Roof Tar/Gravel
Structure Type Four Plex
Subdivision Name NONE
Transaction Type For Sale
Zoning RM-4

Interior Features

Below Grade Finished Area 0.00
Building Area Total Metres 0.00
Building Area Total Sf 0.00
Flooring Carpet, Linoleum
Interior Features Separate Entrance, Vinyl Windows
Laundry Features In Unit
Main Level Areas SquareFeet
Main Level Finished Area 0.00
Main Level Finished Area Metres 0.00
Main Level Finished Area Sf 0.00
Main Level Finished Area Srch Sq 0.00

Exterior Features

Building Area Total 0.00
Fencing None
Foundation Poured Concrete
Frontage Length 20.12M 66`0
Inclusions Fridge x 4 (total), stove x 4 (total).
Lot Description Back Lane, Back Yard, Lawn, Low Maintenance Landscape, Landscaped, Level, Treed
Lot Size Acres 0.00
Parking Features Common, On Street, Side By Side, Stall
Patio And Porch Features Balcony(s)


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in T0L 0H0

AVG $670K
AVG 59
Year Built
AVG 1978