Listing photo for 5113 53 St, Drayton Valley, AB
Listing photo for 5113 53 St, Drayton Valley, AB
Listing photo for 5113 53 St, Drayton Valley, AB
Listing photo for 5113 53 St, Drayton Valley, AB
Listing photo for 5113 53 St, Drayton Valley, AB
Listing photo for 5113 53 St, Drayton Valley, AB
Listing photo for 5113 53 St, Drayton Valley, AB
Listing photo for 5113 53 St, Drayton Valley, AB
Listing photo for 5113 53 St, Drayton Valley, AB
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Courtesy Of John Dempster Of RE/MAX Vision Realty

5113 53 St,

Drayton Valley, AB

$1,199,000

15,877 Sqft
0.48 Acres

Great opportunity to invest in this 15 suite apartment complex in downtown Drayton Valley that has tremendous potential. With 5-3 bedroom/1.5 bath units, 6-2 bedroom/1 bath, 3-1 bedroom/1 bath units, along with 1 bachelor suite, this building provides a great range of suites to rent out. Each unit includes an intercom system for secured access to the building. Newer flooring has been installed throughout the suites. The building is situated on two lots measuring .48 acres in size(total). The HVAC has had upgrades as well over the years(Boiler-2012, HWT-2011). The property includes 16 energized parking stalls as well as on street parking(situated on a corner lot). Seller has indicated that all 10 balconies have been refurbished approx 10 years ago as well. The common laundry room is in the basement(tenants charged a flat fee monthly currently). Chimo Place would make a great next investment.

Facts & Features
MLS® # E4222836
Price $1,199,000
Square Footage 15,877
Acres 0.48
Year Built 1971
Type Multi-Family Commercial
Status ACTIVE
Community Information
Address 5113 53 St
Area Brazeau
Subdivision Drayton Valley
City Drayton Valley
Province AB
Postal Code T7A 1K8
Amenities
Parking Spaces 16
Is Waterfront No
Has Pool No
Interior
Has Basement No
Fireplace No
# of Stories 3
Exterior
Construction Wood Frame
Additional Information
Zoning R4
RE / Bank Owned No
Listing Details
Office Courtesy Of John Dempster Of RE/MAX Vision Realty
Photo of Rod Thompson

Rod Thompson

Office: 780-994-9998

Listing information last updated on April 21st, 2021 at 8:16am MDT.

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