1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941

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.

General Info:

Property Type:: Multi-Family

Property Sub Type:: Apartment

Transaction Type:: For Sale

Possession:: Signup

Possession Date:: Signup

Total Living Area:: 11,624.99 sq. ft.1,080 m2

Main Level Finished Area:: 3,946.34 sq. ft.367 m2

Upper Level Finished Area:: 3,897.69 sq. ft.362 m2

Lower Level Finished Area:: Signup

Above Grade Finished Area:: Signup

Below Grade Finished Area:: 3,780.96 sq. ft.351 m2

Taxes:: Signup

Tax Assessed Value:: Signup

HOA Fee Includes:: Signup

Acres Cleared:: Signup

Acres Cultivated:: Signup

Acres Irrigated:: Signup

Acres Leasehold:: Signup

Acres Not Cultivated:: Signup

Acres Freehold:: Signup

Acres Seeded:: Signup

Acres Tame Hay:: Signup

Acres Treed:: Signup

Acres Waste:: Signup

Acres Water Rights:: Signup

Reg. Size:: Signup

Reg. Size Includes:: Signup

Stories Total:: 3

Year built:: 1981 (Age: 44)

Bathrooms:: - (Full:-, Half:-)

Plan:: RN9

Additional Info:

Heating:: Boiler

Foundation:: Poured Concrete

New Constr.:: No

Construction Material:: Brick, Stucco, Wood Siding

Structure Type:: Low Rise (2-4 stories)

Roof:: Tar/Gravel

Ensuite:: No

Flooring:: Carpet, Linoleum

Cooling:: None

Garage:: 0

Parking:: Off Street

Parking Places:: 18

Parking Total/Covered:: 18 / -

Community:

Downtown Lacombe (Lacombe)

Appliances:

Refrigerator, Stove(s)

Inclusions:

Stove x 12, Refrigerator x 12, Hood fan, 1 shed, Coin operated washer and dryer x 2, alarm system, dumpster bin (on contract with Empringham disposal-can be assumed for cancelled)

Restrictions:

None Known

Land Info: