1-12, 5326 50 Avenue
Lacombe T4L 1C2
MLS® Number: A2231941
$ 1,575,000
0
BEDROOMS
0 + 0
BATHROOMS
1981
YEAR BUILT
No vacancies! Excellent cash flowing 12 suite apartment building with prime location in Lacombe. All units are 2 bedroom, 1 bath with exception of one bachelor suite. Tenants pay power. Owner pays heat, water/sewer and garbage. Ample parking. New roof approx. 6-7 years ago. X2 coin operated washer & dryer, also recently replaced. Brand new motors in boiler. Newer HWT & furnace. Unit 303 was recently completely redone, new flooring, trim, paint, bathroom, etc. Most tenants have been there for 5 or more years. One tenant has been there 24 years. Every tenant in month to month except for one unit that just signed a 1 year lease June 1st. Overall a great building with potential for rent increases as most of the units are currently below market rent.
COMMUNITY | Downtown Lacombe |
PROPERTY TYPE | Apartment |
BUILDING TYPE | Low Rise (2-4 stories) |
STYLE | N/A |
YEAR BUILT | 1981 |
SQUARE FOOTAGE | 11,625 |
BEDROOMS | 0 |
BATHROOMS | 0 |
BASEMENT | |
AMENITIES | |
APPLIANCES | Refrigerator, Stove(s) |
COOLING | None |
FIREPLACE | N/A |
FLOORING | Carpet, Linoleum |
HEATING | Boiler |
LAUNDRY | |
LOT FEATURES | |
PARKING | Off Street |
RESTRICTIONS | None Known |
ROOF | Tar/Gravel |
TITLE | Fee Simple |
BROKER | Century 21 Maximum |
ROOMS | DIMENSIONS (m) | LEVEL |
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