EXPERIENCE this investment opportunity in this full duplex converted into an illegal fourplex, offering potential cash flow and solid long-term potential! This fully occupied property is currently generating $4300/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. (id:51989)
Features of 5410 55 Street
- MLS® Number A2208374
- Price $479,000
- Bedrooms: 3
- Bathrooms: 1
- Square Footage: 1952 sqft
- Community Name: Central Ponoka
- Amenities Near By Park, Shopping
- Features Back Lane
- Parking Space Total 4
- Plan 1544hw
- Structure None
Buildings
| Bathroom Total | 1 | Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 | Appliances | Refrigerator, Stove, Washer & Dryer |
| Architectural Style | Bi-level | Basement Development | Finished |
| Basement Type | Full (finished) | Constructed Date | 1973 |
| Construction Style Attachment | Attached | Cooling Type | None |
| Exterior Finish | Stucco, Vinyl Siding | Flooring Type | Laminate, Linoleum, Vinyl Plank |
| Foundation Type | Poured Concrete | Stories Total | 1 |
| Size Interior | 1952 Sqft | Total Finished Area | 1952 Sqft |
Parking
| Other | |
| Parking Pad |
Land
| Acreage | No | Fence Type | Partially Fenced |
| Land Amenities | Park, Shopping | Landscape Features | Landscaped |
| Size Depth | 36.57 M | Size Frontage | 15.24 M |
| Size Irregular | 6000.00 | Size Total | 6000 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 6000 Sqft|4,051 - 7,250 Sqft | Zoning Description | R3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 11.00 Ft x 20.67 Ft | ||
| Main Level | Kitchen | 15.42 Ft x 8.08 Ft | ||
| Main Level | Bedroom | 9.75 Ft x 8.17 Ft | ||
| Main Level | Bedroom | 12.33 Ft x 9.00 Ft | ||
| Main Level | Primary Bedroom | 9.50 Ft x 10.25 Ft | ||
| Main Level | 4pc Bathroom | Measurements not available |
Agents and Offices
- Nolin Maurier
- Nicole Maurier
- Office: Realty Experts Group Ltd