Courtesy Of Heather Malin Of RE/MAX Vision Realty

5030-5036 44 Street, Drayton Valley, AB

$575,000

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3

Beds

8

Baths

2,483

Square feet

About 5030-5036 44 Street

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).

Features of 5030-5036 44 Street

MLS® # E4198805
Price $575,000
Bedrooms 3
Bathrooms 8.00
Full Baths 4
Half Baths 4
Square Footage 2,483
Acres 0.00
Year Built 2001
Type Single Family
Sub-Type 4PLEX
Style Bi-Level
Status ACTIVE

Community Information

Address 5030-5036 44 Street
Area Drayton Valley
Subdivision Drayton Valley
City Drayton Valley
County ALBERTA
State AB
Zip Code T7A 1B7

Amenities

Features Patio, Vinyl Windows
Parking Spaces 8
Parking Front and Rear Drive Access
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Linoleum
Interior Features Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer
Heating Forced Air-1
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full, Fully Finished

Exterior

Exterior Stucco
Exterior Features Fenced, Playground Nearby, Shopping Nearby
Roof Asphalt Shingles
Construction Wood Frame
Foundation Concrete

Additional Information

Date Listed May 23rd, 2020
Zoning R2 General Resid.
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Heather Malin Of RE/MAX Vision Realty

Listing Map

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