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5013 50 Avenue, Ponoka, AB - MLS # CA0152845

5013 50, Ponoka, AB T4J 1N5

Quick Summary

Price
$875,000
Type:
Multi-Family
Sub Type:
Low Rise (1-4 Floors)
Title:
5013 50 Avenue
Possession:
Immediate,Subject To Tenancy
Tax Amount:
9472 / 2018

Lot Summary

Lot Width:
57
Lot Depth:
120
Lot Shape:
Standard
Sewer:
Municipal
Water Source:
Municipal

Rental Summary

Number of Units:
10
One Bed Units:
8
Annual Operating Expense:
20825
Gross Scheduled Income:
83040
Gross Operating Income:
75345

Building Summary

Year Build:
2007
Construction Material:
Brick Veneer,Frame - Wood
Foundation Details:
Concrete
Roofing:
Asphalt,Roll Roofing
Heating:
Baseboard heaters,Boiler
Heating Fuel:
Natural Gas

Building Features

Inclusions:
8 refrigerators, 8 stoves, 2 washers, 2 dryers

Parking Features

Parking Total:
8
Features:
Parking Space(s),Rear Parking

Property Description

County / Parish: Ponoka County, Alberta
Zoning: C1

GREAT INVESTMENT PROPERTY IN DOWNTOWN PONOKA! Built in 2007, this building has 2 prime commercial spaces at street level and 8 – one bedroom apartments above. Property has very low vacancy rate over the past 11 years and is currently 90% occupied. Both commercial spaces are rented as well as 7 of the 8 suites.

Listed By RE/MAX real estate central alberta - Ponoka

Map

Walk Score

Financial Summary

Electric Expense:
4680
Heating Expense:
4681
Insurance Expense:
1995
Gross Operating Income:
75345
Gross Scheduled Income:
83040
Total Annual Operating Expense:
20825

Agent on Duty


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