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$479,000

Est. payment - /mo

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3 Beds

1 Bath

1,952 SqFt

New

5410 55 ST Ponoka, AB T4J1L8

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Raj Dhaliwal

REAL Broker

raj@bijourealestate.ca +1(403) 667-4343

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Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,952 sqft

Price per Sqft $245

Subdivision Central Ponoka

MLS® Listing ID A2208374

Style Attached-Up/Down,Bi-Level

Bedrooms 3

Full Baths 1

Originating Board Central Alberta

Year Built 1973

Annual Tax Amount $4,469

Tax Year 2024

Lot Size 6,000 Sqft

Acres 0.14

Property Sub-Type Full Duplex

Property Description

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.

Location

Province AB

County Ponoka County

Zoning R3

Direction E

Rooms

Basement Finished, Full

Interior

Interior Features Laminate Counters

Heating Boiler

Cooling None

Flooring Laminate, Linoleum, Vinyl Plank

Appliance Electric Stove, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Parking Features Off Street, Parking Pad

Garage Description Off Street, Parking Pad

Fence Partial

Community Features Park, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch None

Lot Frontage 50.0

Total Parking Spaces 4

Building

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

Foundation Poured Concrete

Architectural Style Attached-Up/Down, Bi-Level

Level or Stories One

Structure Type Stucco,Vinyl Siding

Others

Restrictions None Known

Tax ID 56563363

Ownership Joint Venture

Listed by Realty Experts Group Ltd