Listing photo for 5065 44 Street, Drayton Valley, AB
Listing photo for 5065 44 Street, Drayton Valley, AB
Listing photo for 5065 44 Street, Drayton Valley, AB
Listing photo for 5065 44 Street, Drayton Valley, AB
Listing photo for 5065 44 Street, Drayton Valley, AB
Listing photo for 5065 44 Street, Drayton Valley, AB
Listing photo for 5065 44 Street, Drayton Valley, AB
Listing photo for 5065 44 Street, Drayton Valley, AB
Listing photo for 5065 44 Street, Drayton Valley, AB
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Courtesy Of Heather Malin Of RE/MAX Vision Realty

5065 44 Street,

Drayton Valley, AB

$495,000

2 Beds
1 Baths
1,978 Sqft

This side x side duplex is in excellent condition. Upstairs are two units with legal basement suites that have their own exit. Each unit has 2 bedrooms, 1 bathroom, storage unit & their own laundry facilities. Upstairs is heated with furnace and down stairs has the underfloor heat. The suites are 984 sq.ft. with basements being 925 sq.ft. All have large master bedrooms that can accommodate a king bed. The rear parking stalls allows for one spot per tenant. Each unit has its own power and gas. Water & sewer is shared. Each unit has 5 appliances and window coverings. Great long term tenants. Gross Revenue for 2020 is $47,035, & expenses are $13,014 (this also includes taxes & insurance for building). Net operating income is $31,011 giving you a cap rate over 6%. If you are looking for other investment there is a 2001 4 plex with separate titles at $575,000 (MLS E4198805). All buildings have been well maintained. Shingles were done 2 years ago.

Facts & Features
MLS® # E4198826
Price $495,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 1,978
Acres 0.00
Year Built 2003
Type Single Family
Sub-Type Duplex Side By Side
Style Bungalow
Status ACTIVE
Community Information
Address 5065 44 Street
Area Drayton Valley
Subdivision Drayton Valley
City Drayton Valley
County ALBERTA
Province AB
Postal Code T7A 1B7
Amenities
Features Exterior Walls- 2x6', Laundry-In-Suite, Storage-In-Suite, Vinyl Windows
Parking On Street, Rear Drive Access
Is Waterfront No
Has Pool No
Interior
Interior Carpet, Linoleum
Interior Features Dishwasher-Built-In, Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer
Heating Forced Air-1
Has Basement Yes
Basement Full, Fully Finished
Fireplace No
# of Stories 2
Exterior
Exterior Vinyl
Exterior Features Playground Nearby, Schools, Shopping Nearby
Roof Asphalt Shingles
Construction Wood Frame
Foundation Concrete
Additional Information
Zoning R2 - General Resid.
Foreclosure No
RE / Bank Owned No
Listing Details
Office Courtesy Of Heather Malin Of RE/MAX Vision Realty
Photo of Rod Thompson

Rod Thompson

Office: 780-994-9998

Listing information last updated on May 7th, 2021 at 1:31am MDT.

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