For sale
  • C$1,575,000

    5326 50th Ave #1-12, Lacombe, AB T4L 1C2

    --beds
    --baths
    11,625sqft
    Apartment
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    C$135/sqft
    C$-- HOA

    What's special

    Prime locationAmple parkingNew roofNew flooring
    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.
    46 days
    on Zillow
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