437 3 Avenue , Bassano, Alberta

$415,000

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2,356

Square feet

0.17

Acres

About 437 3 Avenue

Centrally located in the lovely community of Bassano, this well maintained 4 unit multi-family property offers an excellent investment opportunity with stable rental income and low management complexity. Designed in a row style layout, each 1-bedroom suite features a functional floorplan complete with a kitchen, living room, bedroom, full bathroom, in-suite laundry with washer and dryer, plus a dedicated utility room. A covered rear patio spans the full width of the building, providing tenants with added privacy, outdoor enjoyment, and shelter from the elements. Individually metered gas and power make utility management simple, with tenants responsible for their own usage. Current rental income is $725/month per unit. The property has been consistently cared for over the years and offers an attractive setup for both seasoned investors and those looking to expand their portfolio. The seller currently covers town water and sewer, property taxes, and insurance. This is a solid income-producing property in a convenient location close to amenities and services.

Features of 437 3 Avenue

MLS® # A2309383
Price $415,000
Square Footage 2,356
Acres 0.17
Year Built 1975
Type Multi-Family
Sub-Type Row/Townhouse
Style Bungalow
Status Active

Community Information

Address 437 3 Avenue
Subdivision NONE
City Bassano
County Newell, County of
Province Alberta
Postal Code T0J0B0

Amenities

Parking Spaces 5
Parking Off Street
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Laminate Counters
Appliances Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Crawl Space

Exterior

Lot Description Corner Lot, Lawn
Roof Metal

Additional Information

Date Listed May 8th, 2026
Days on Market 117
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Estate Centre

Listing Map