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. (id:51018)
| MLS® Number | A2231941 |
| Property Type | Multi-family |
| Community Name | Downtown Lacombe |
| Parking Space Total | 18 |
| Plan | Rn9 |
| Appliances | Refrigerator, Stove |
| Constructed Date | 1981 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Stucco, Wood Siding |
| Flooring Type | Carpeted, Linoleum |
| Foundation Type | Poured Concrete |
| Stories Total | 3 |
| Size Interior | 11625 Sqft |
| Total Finished Area | 11624.99 Sqft |
| Type | Apartment |
| Other |
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | R5 |
https://www.realtor.ca/real-estate/28496721/1-12-5326-50-avenue-lacombe-downtown-lacombe
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