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5013 50 Avenue, Ponoka, AB - MLS # CA0172841

5013 50, Ponoka, AB T4J 1N5

Quick Summary

Price
$810,000
Type:
Multi-Family
Sub Type:
Low Rise (1-4 Floors)
Title:
5013 50 Avenue
Possession:
Immediate
Tax Amount:
9896 / 2019

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:
25817
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. This building is well built and maintained – the two side walls are ICF (Insulated Concrete Form) to above the roof line. This gives the required fire separation and also creates a very efficient building. All the walls rest on an ICF foundation as well. A must for your investment portfolio.

Listed By RE/MAX real estate central alberta - Ponoka

Walk Score

Financial Summary

Electric Expense:
4680
Heating Expense:
4681
Insurance Expense:
1444
Maintenance Expense:
15012
Gross Operating Income:
75345
Gross Scheduled Income:
83040
Total Annual Operating Expense:
25817

Agent on Duty


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