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.
Contact Lisa Suarez About MLS® A2231941
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Lisa Suarez, (403) 782-3171 at Royal LePage Lifestyles Realty, 5820 Highway 2A, Lacombe, Alberta, T4L 2G5
property information
Property Type: Apartment Style Condo
MLS®#: A2231941
Year Built: 1981
Community Information
Address: 1-12 - 5326 50 Avenue
Neighbourhood: Downtown Lacombe
City: Lacombe
Nearest Town: Lacombe
Postal Code: T4L 1C2
interior
Included: 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)
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
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