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Multi-family For Sale

$625,000

5014, 5016 52 Avenue

MLS® Number: A2285091

Bedrooms

12

Bathrooms

4

Floor Area

2,223

Land Size

5,988.3

Year Built

1978

About This Property

Here is an exceptional investment opportunity in an ideal in-town location! This well maintained full duplex offers four fully developed units, with three of the four units extensively renovated, making it a turnkey addition to any rental portfolio. Unit 5014 features a spacious main-floor suite with three bedrooms, a 4-piece bathroom, a designated laundry room, a functional kitchen and dining area, and a large, comfortable living room. The fully developed lower-level suite mirrors the convenience above and includes three additional bedrooms, a 4-piece bathroom, its own kitchen, dining space, and living area. This provides excellent flexibility and rental potential. The opposite side of the duplex is equally well laid out. The main-floor unit offers three generously sized bedrooms, a 4-piece bathroom, a bright kitchen and dining area, a living room, and its own laundry space. The lower-level unit is fully finished and includes two bedrooms, a 3-piece bathroom, kitchen and dining area, a living space, a laundry room, and a dedicated office, adding extra functionality and appeal for tenants. Located in a desirable, central area of town, this property also offers ample parking at the rear, enhancing convenience for residents. With thoughtful renovations already completed and a strong, functional layout throughout, this duplex represents a fantastic opportunity for those seeking a property in a prime location.

Property Details

Interior Details

Appliances

See remarks

Basement

Finished, Full, Separate entrance, Suite

Bathrooms Partial

0

Bathrooms Total

4

Bedrooms Total

12

Cooling

None

Flooring

Carpeted, Vinyl Plank

Living Area

2223 sqft

Building & Exterior

Architectural Style

Bungalow

Exterior Features

Stucco

Foundation Details

Poured Concrete

Number Of Units Total

2

Parking Features

Other, None

Stories

1.0

Year Built

1978

Land & Location

City Region

Central Ponoka

Frontage Length

15.33 meters

Lot Features

See remarks

Lot Size Area

5988.3 sqft

Lot Size Dimensions

5988.30

Parcel Number

0013049200

Postal Code

T4J1H5

Subdivision Name

Central Ponoka

Listing & Financials

Listing Office

RE/MAX real estate central alberta

Originating System Name

Central Alberta REALTORS® Association

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

4

Mortgage Calculator

20% ($125,000)
5.5%
25 Years

Estimated Monthly Payment

$3,070

Principal and interest only. Actual rates may vary.

Location & Map

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List Property5014, 5016 52 Avenue - Multi-family for Sale in Ponoka, Alberta | MLS® A2285091