AB > Ponoka > Central Ponoka
Ponoka, AB T4J1L8,5410 55 ST
Ponoka, AB T4J1L8,5410 55 ST
Ponoka, AB T4J1L8,5410 55 ST
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Michele Gale

Michele Gale

+1(403) 863-7532
$349,900
Est. payment /mo
3 Beds
1 Bath
1,952 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 1952.0

Square Footage 1,952 sqft

Price per Sqft $179

Subdivision Central Ponoka

MLS Listing ID A2257225

Style Attached-Up/Down,Modified Bi-Level

Bedrooms 3

Full Baths 1

Year Built 1973

Lot Size 6,098 Sqft

Property Sub-Type Full Duplex

Property Description

EXPERIENCE this investment opportunity in this full duplex converted into a fourplex, offering potential cash flow and solid long-term potential! When all 4-units were fully occupied, this property was generating $4800/M in gross rental income. With operating expenses, covering property management, utilities (boiler gas, water/sewer) garbage removal and yard maintenance. All the units have heat included because it's a boiler system, and there is only 1 water meter. The tenants each pay their own electricity and Wi-Fi/cable if desired. Suite Breakdown: Three 3-bedroom units and One 2-bedroom unit. Each suite is self-contained with its own washer, dryer, fridge and stove, making them highly desirable for tenants. Additional features include rear lane access and 4 dedicated parking stalls, providing convenience and functionality. Tenants appreciate the property's prime location near schools and amenities. Photos and room measurements provided in the listing are of Unit 3. This is a turnkey revenue property and investor opportunity to add to any real estate portfolio.

Location

Province AB

Community Park, Schools Nearby, Sidewalks, Street Lights

Zoning R3

Rooms

Basement Finished, Full

Interior

Interior Features Laminate Counters

Heating Boiler

Cooling None

Flooring Laminate, Linoleum, Vinyl Plank

Laundry In Unit

Exterior

Exterior Feature None

Parking Features Off Street, Parking Pad

Fence Partial

Community Features Park, Schools Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Building

Lot Description Back Lane, Back Yard, Few Trees, Front Yard, Landscaped

Dwelling Type Duplex

Story One

Foundation Poured Concrete

New Construction No

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Listed by Realty Experts Group Ltd
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Michele Gale
Michele Gale

Agent | License ID: 523120

+1(403) 863-7532 | mgale@redlinerealestate.ca

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