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Descriptions:
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.
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Status: |
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Pending
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Features: |
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None |
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Includes: |
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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) |
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Location & Listing Info: |
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Neighbourhood: |
Downtown Lacombe
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Nearest Town: |
Lacombe |
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Property Info: |
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Property Type: |
Apartment |
Year Built: |
1981 |
Brokerage: |
Century 21 Maximum |
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Exterior: |
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Exterior: |
Brick, Stucco, Wood Siding |
Roof: |
Tar/Gravel |
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Additional Info: |
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Basement: |
Poured Concrete |
Floor Finish: |
Carpet, Linoleum |
Parking: |
Off Street |
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Contact Stephan Trudel -
4505 50 Ave unit 103, Sylvan Lake, Alberta, T4S 1W2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
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