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:57594)
| MLS® Number | A2208374 |
| Property Type | Multi-family |
| Community Name | Central Ponoka |
| Amenities Near By | Park, Shopping |
| Features | Back Lane |
| Parking Space Total | 4 |
| Plan | 1544hw |
| Structure | None |
| 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 | 1,952 Ft2 |
| Total Finished Area | 1952 Sqft |
| Other | |
| Parking Pad |
| 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 |
| 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 |
https://www.realtor.ca/real-estate/28241194/5410-55-street-ponoka-central-ponoka
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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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