1-4 415 Royal Avenue NW in Diamond Valley: A-7662 Apartment for sale : MLS®# A1212238

Investors and Developers - Four-unit apartment building - zoned R3 Residential Multi-Unit. Sits on 4.77 Acres. The property is located on the west boundary of Diamond Valley. Development plans have been drawn for an 18-unit +55 villa complex. Informal approval of the plans has been granted by the town. The existing four-unit apartment building is fully occupied. The apt. units have been upgraded including appliances paint and flooring. Included: 4 Furnaces, 4 hot water tanks, 4 fridges, 4 stoves, 4 washers, and dryers, 3 dishwashers, window coverings. Measurements on the listings are for unit #1 only. Unit #1 has 3 bedrooms-two baths and rents for $1300.00 per month. Unit #2 has 3 bedrooms and 1 bathroom and rents for $1000.00 per month. Unit #3 has three bedrooms and 2 bathrooms and rents for $1000.00 per month. Unit #4 The loft apt. has one bedroom and one bath and rents for $800.00 per month. The land is on town water and sewer. It sits at the west end of Royal Ave and is bounded on the west by farmland within Foothills County. An undeveloped road allowance for the extension of Royal Ave. separates the two subject pieces of land. Apartment bldg. showings require a 24-hour notice

General Info:

Property Type:: Residential

Property Sub Type:: Apartment

Condo Type:: Not a Condo

Transaction Type:: For Sale

Possession:: 90 Days / Neg

Suite:: No

Home Style:: Low-Rise(1-4)

Total Living Area:: 2,680 sq. ft.248.98 m2

Main Level Finished Area:: 2,680 sq. ft.248.98 m2

Upper Level Finished Area:: 535 sq. ft.49.7 m2

Below Grade Finished Area:: 1,527 sq. ft.141.86 m2

Taxes:: $6,470 / 2022

Condo Fee:: $.00

Lot Area:: 4.77 acre(s)1.93 hectare(s)

Lot Frontage:: 400'121.92 m

Front Exposure:: East

Unit Exposure:: East

Floor Location:: Ground

Entry Level:: 1

Stories Total:: 2

Levels:: Multi Level Unit

End Unit:: 2+ Common Walls

Total Rooms Above Grade:: 4

Year built:: 1970 (Age: 53)

Bedrooms:: 3 (Above Grd: 3)

Bedrooms Above Grade:: 3

Bedrooms Below Grade:: 0

Bathrooms:: 2.0 (Full:2, Half:0)

Plan:: 3603FD

Additional Info:

Heating:: Forced Air, Natural Gas

Basement:: Finished, Suite, Walk-Out To Grade

Foundation:: Poured Concrete

New Constr.:: No

Construction Material:: Cedar

Structure Type:: Low Rise (2-4 stories)

Roof:: Asphalt Shingle

Ensuite:: Yes

Flooring:: Carpet, Ceramic Tile, Laminate, Linoleum

Cooling:: None

Fireplaces:: 0

Garage:: 1

Garage Spaces:: 3

Parking:: Triple Garage Attached

Parking Places:: 3.0

Parking Total/Covered:: 3 / -

Laundry Features:: In Unit

Room Information:

Floor
Type
Size
Other

Main Floor

Bedroom - Primary

12'9" × 9'5"

Main Floor

Bedroom

10'6" × 9'

Main Floor

Bedroom

11'7" × 9'11"

Main Floor

Living Room

18'3" × 17'8"

Main Floor

Laundry

12' × 5'

Main Floor

Storage

12'4" × 7'9"

Main Floor

Balcony

30'10" × 6'2"

Land Info:

Title to Land:: Fee Simple

Community Features:: Golf, Schools Nearby, Playground, Shopping Nearby

Interior Features:: See Remarks

Exterior Features:: Garden, Private Entrance, Rain Gutters

Patio And Porch Features:: Patio

Lot Features:: City Lot, Brush, Creek/River/Stream/Pond, Lawn, Greenbelt, Many Trees, Yard Drainage, Private, Rectangular Lot, Sloped, Treed, Wooded