780-542-4040 RE/MAX Vision Realty

5065 44 Street, Drayton Valley

Courtesy of Heather Malin of RE/MAX Vision Realty

Duplex Side By Side Bungalow for Sale

5065 44 Street, Drayton Valley, MLS® # E4198826
  • MLS®#: E4198826
  • Price: $525,000
  • Bedrooms: 2
  • Bathrooms: 1(full) 0(half)
  • Status: Active
  • Year Built: 2003
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Login or Create an Account to Access Days On Market Financial Information Legal Description Lot Zoning

This side x side duplex is in excellent condition. Upstairs are two units with legal basement suites that have their own exit. Each unit has 2 bedrooms, 1 bathroom, storage unit & their own laundry facilities. Upstairs is heated with furnace and down stairs has the underfloor heat. The suites are 984 sq.ft. with basements being 925 sq.ft. All have large master bedrooms that can accommodate a king bed. The rear parking stalls allows for one spot per tenant. Each unit has its own power and gas. Water & sewer is shared. Each unit has 5 appliances and window coverings. Great long term tenants. Gross Revenue is $48,000 per year, expenses are $17,350 (this also includes taxes & insurance for building). Net operating income is $30,649.00 giving you a cap rate just under 6%. If you are looking for other investments there is a 2001 4 plex with separate titles at $575,000 (MLS E4198805) & a 1993 12 suite apartment at 1.056 mil. All buildings have been well maintained. Shingles were done 2 years ago.

Contact Heather Malin About MLS® E4198826

Required Field

Heather Malin, 780-621-8001 at RE/MAX Vision Realty, 5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9

property information

  • Property Type: Side by Side Duplex
  • MLS®#: E4198826
  • Style: Bungalow
  • Year Built: 2003
  • Total Floor Area: 1,978 sq.ft
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Community Information

  • Address: 5065 44 Street
  • Neighbourhood: Drayton Valley
  • City: Brazeau
  • Postal Code: T7A 1B7
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interior

  • Included: Dishwasher-Built-In, Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer
  • Bedrooms: 2 (Bedrooms Above: 2)
  • Bathrooms: Full: 1
  • Rooms Above Grade: 5
  • Basement: Full, Fully Finished
  • Floor Finish: Carpet, Linoleum
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exterior

  • Exterior Features: Playground Nearby, Schools, Shopping Nearby
  • Exterior Finish: Vinyl
  • Foundation: Concrete
  • Roof: Asphalt Shingles
  • Front Exposure: West
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services & amenities

  • Parking: On Street, Rear Drive Access
  • Heating: Y
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$525,000

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