Address
5065 44 ST Drayton Valley, AB
Price
$ 495,000
Property Attributes
  • ID#E4198826
  • TypeSingle Family
  • CityDrayton Valley
  • AreaBrazeau
  • NeighbourhoodDrayton Valley
  • Postal CodeT7A 1B7
  • StyleBungalow
  • Price$ 495,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1978
Listing Provided Courtesy Of:
Heather D Malin with RE/MAX Vision Realty
Data Source:
RLP - CREA EN
Property Description

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 for 2020 is $47,035, & expenses are $13,014 (this also includes taxes & insurance for building). Net operating income is $31,011 giving you a cap rate over 6%. If you are looking for other investment there is a 2001 4 plex with separate titles at $575,000 (MLS E4198805). All buildings have been well maintained. Shingles were done 2 years ago.

General Features

Beds 2
Zoning 90

Interior Features

Bedrooms 2
Total Baths 1

Exterior Features

Jumpid 12184351

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T7A 1B7

Price
AVG $540K
$500K
Visits
AVG 382
638
Year Built
AVG 2002
2003
Walkscore
AVG 36
37
Data Provided by Walkscore ® not using MLS data

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