Data Last Updated November 30, 2020, 8:27 am

Drayton Valley Bungalow
Bedrooms 2 Bathrooms 1 Parking Other
Courtesy of Heather Malin RE/MAX Vision Realty

MLS® #:  E4198826    
Address:  5065 44 Street
Size: 1,978 sq. ft.     Days On Market:  ACCESS Days on Market
$525,000

No Floor Plan Available
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Descriptions:

This side x side duplex is in excellent condition. Upstairs are two units with legal basement suites that have their own exit. Each unit has 2 bedrooms, 1 bathroom, storage unit & their own laundry facilities. Upstairs is heated with furnace and down stairs has the underfloor heat. The suites are 984 sq.ft. with basements being 925 sq.ft. All have large master bedrooms that can accommodate a king bed. The rear parking stalls allows for one spot per tenant. Each unit has its own power and gas. Water & sewer is shared. Each unit has 5 appliances and window coverings. Great long term tenants. Gross Revenue is $48,000 per year, expenses are $17,350 (this also includes taxes & insurance for building). Net operating income is $30,649.00 giving you a cap rate just under 6%. If you are looking for other investments there is a 2001 4 plex with separate titles at $575,000 (MLS E4198805) & a 1993 12 suite apartment at 1.056 mil. All buildings have been well maintained. Shingles were done 2 years ago.

Status: Active
Includes: Dishwasher-Built-In, Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer
Site Influences:
Playground Nearby, Schools, Shopping Nearby
Legal Description:
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Location & Listing Info:
Neighbourhood: Drayton Valley
Lot Shape: Rectangular
Zone: Zone 90
Property Info:
Property Type: Duplex Side By Side
Home Style: Bungalow
Year Built: 2003
Total Floor Area: 1,978 sq. ft.
Foundation: Concrete
Front Exposure: West
Exterior:
Exterior: Vinyl
Foundation: Concrete
Front Exposure: West
Roof: Asphalt Shingles
Financial & Possession:
Monthly Fee: ACCESS Monthly Fee
Rooms:
Total Bedrooms: 2  (Bedrooms Above: 2)
 
Bathrooms:
Bathrooms: 1
 
Rooms Above: 5
Additional Info:
Heating: Y
Basement: Fully Finished
Basement Type: Full
Floor Finish: Carpet, Linoleum
Parking: On Street, Rear Drive Access
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Property History
For viewing call 780-621-8001
Contact Heather Malin - 780-621-8001
5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9
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Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated November 30, 2020, 8:27 am.

Heather Malin, RE/MAX VISION REALTY
5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9
Tel: 780-621-8001 Toll Free: 1-888-542-4044 Cell: 780-621-8001 Office: 780-542-4040 Fax: 780-542-6040
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
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