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Charles Friesen

Call Direct 780-542-4040

SERVING YOUR DRAYTON VALLEY REAL ESTATE NEEDS



 
Data Last Updated July 26, 2021, 1:51 pm

 
Courtesy of Heather Malin RE/MAX Vision Realty

Drayton Valley Bi-Level
Bedrooms 3 Bathrooms 4 Parking Other
No Floor Plan Available
$575,000
MLS® #:  E4198805
Address:  5030-5036 44 Street
Size: 2,483 sq. ft.
Days On Market:  ACCESS Days on Market

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Descriptions:

This is a rare find! You have a 4 plex that has 4 separate titles. Can use as a revenue property, could live in one and have the rest for revenue. Or you could sell them individually to make some profit;- lots of opportunity. The revenue is $46,000 per year, expenses of $17,096.20 per year. These expenses cover the property insurance & taxes, repairs & maintenance. cap rate is 5%. If you are looking for an investment combining the 4 lots into one would likely save in taxes. A well looked after & maintained building with a rear fenced yard and parking for each unit. The roof was redone 2 years ago. There is a party wall agreement on title with each unit. NOTE:- If looking for more investments, there is a 2003 side x side duplex with legal basement suites for $495,000 (MLS E4198826).

Status: Active
Includes: Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer
Site Influences:
Fenced, Playground Nearby, Shopping Nearby
Legal Description:
ACCESS Legal Description
Location & Listing Info:
Neighbourhood: Drayton Valley
Lot Shape: Rectangular
Zone: Zone 90
Property Info:
Property Type: 4PLEX
Home Style: Bi-Level
Year Built: 2001
Total Floor Area: 2,483 sq. ft.
Foundation: Concrete
Front Exposure: East
Exterior:
Exterior: Stucco
Foundation: Concrete
Front Exposure: East
Roof: Asphalt Shingles
Financial & Possession:
Monthly Fee: ACCESS Monthly Fee
Rooms:
Total Bedrooms: 3  (Bedrooms Above: 0)
Bathrooms: Full: 4 / Half: 4
Rooms Above: 4
Additional Info:
Heating: Y
Basement: Fully Finished
Basement Type: Full
Floor Finish: Carpet, Linoleum
Parking: Front/Rear Drive Access
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For viewing call 780-542-4040
Contact Charles Friesen - 780-898-1613
5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9
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Copyright 2021 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated July 26, 2021, 1:51 pm.
Charles Friesen, RE/MAX Vision Realty
5115 - 50th St (Box 6484), Drayton Valley, Alberta T7A 1R9
Tel: 780-542-4040 Cell: 780-542-4040 Fax: 780-542-6040
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