MLS®: A2324571 - Central Ponoka Attached-Side by Side,Bungalow $325,000

  • Address: 5218 & 5216 56 Ave
  • Size: 1,454 sq.ft.
  • 4
  • 2
  • 2

7.24% Cap rate once new rents are implemented. Unique property with several different options available. Full side by side duplex on 1 title. Each side is a 2 bedroom 1 bathroom. Subdivision Potential: Possibility to subdivide lot to build a single- family home with a secondary suite. Flexible Living and Investment Options: Rent both units for maximum income. Live in one unit and rent the other. Long term tenant in west unit wishes to stay. East unit is available immediately. Upgrades and condition: East unit features a newly renovated kitchen. Both units have large windows throughout for abundant natural light. Property is well maintained and in excellent condition. Accessibility: One level living, ideal for seniors or those with mobility needs. Recent improvements: two new 100-amp electrical panels. LED lighting. Washer, Dryer, hot water tank replaced 3 years ago Comfort and Convenience: West side – Window A/C unit. East side – stationary vented A/C in living room. Laundry room is separate from units and shared by both. Crawl space with concrete floor and individual counterflow furnaces. Commercial-grade torched down membrane roof system topped with aluminized silver reflective coating for durability and heat reflection. Underground power and cable / fibre optics. Tenant and Owner Responsibilities: Owner pays water, sewer, and garbage. Tenant pays gas and electricity. Tenant also takes care of lawn maintenance and snow removal Bonus Income Potential: Detached, insulated, and drywalled two-car garage – rentable separately for additional income or a perk for tenants. Other potential options: Option to add a second floor to house. There is room at front of house to add front driveways.

MLS®: A2324571 - Central Ponoka Attached-Side by Side,Bungalow $325,000

  • Address: 5218 & 5216 56 Ave
  • Size: 1,454 sq.ft.
  • 4
  • 2
  • 2

Features: Private Yard, Open Floorplan, Back Lane, Back Yard, Front Yard, Irregular Lot

Includes: none

Site Influences: Back Lane, Back Yard, Front Yard, Irregular Lot

Property Information

Property Type: Full Duplex

Home Style: Attached-Side by Side,Bungalow

Year Built: 1953

Total Floor Area: 1,454 sq. ft.

Brokerage: Royal LePage Lifestyles Realty

Listed Date: Please login or create an account

Community Information

City/Town: Ponoka

Community: Central Ponoka

Exterior

Lot Size: 9,583.00 sq.ft.

Exterior: Wood Frame

Roof: Flat Torch Membrane

Parking: Double Garage Detached, Off Street

Interior

Basement: Other

Floor Finish: Carpet, Vinyl Plank

Rooms

Total Bedrooms: 4 (Bedrooms Above: 0)

Bathrooms: Full: 2 / Half: 0

Above Grade: 0

Legal, Financial & Possession

Zoning: R2

Listing Courtesy of Michael Gouchie / Royal LePage Lifestyles Realty

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.

MLS®: A2324571 - Central Ponoka Attached-Side by Side,Bungalow $325,000

  • Address: 5218 & 5216 56 Ave
  • Size: 1,454 sq.ft.
  • 4
  • 2
  • 2

Listing Courtesy of Michael Gouchie / Royal LePage Lifestyles Realty

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.