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. (id:57594)
| MLS® Number | A2231941 |
| Property Type | Multi-family |
| Community Name | Downtown Lacombe |
| Parking Space Total | 18 |
| Plan | Rn9 |
| Appliances | Refrigerator, Stove |
| Constructed Date | 1981 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Stucco, Wood Siding |
| Flooring Type | Carpeted, Linoleum |
| Foundation Type | Poured Concrete |
| Stories Total | 3 |
| Size Interior | 11,625 Ft2 |
| Total Finished Area | 11624.99 Sqft |
| Type | Apartment |
| Other |
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | R5 |
https://www.realtor.ca/real-estate/28496721/1-12-5326-50-avenue-lacombe-downtown-lacombe
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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