5216 & 5218 56 Avenue, Ponoka, AB T4J1G6
5216 & 5218 56 Avenue, Ponoka, AB T4J1G6
5216 & 5218 56 Avenue, Ponoka, AB T4J1G6
5216 & 5218 56 Avenue, Ponoka, AB T4J1G6
5216 & 5218 56 Avenue, Ponoka, AB T4J1G6
5216 & 5218 56 Avenue, Ponoka, AB T4J1G6
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Afroz Shaik Realtor

Afroz Shaik Realtor

+1(825) 449-1679
$ 325,000
Est. payment | /mo

1,454 SqFt

Save Virtual Tour
$ 325,000
Est. payment | /mo
Save Virtual Tour

1,454 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1454

Square Footage 1,454 sqft

Price per Sqft $223

Subdivision Central Ponoka

MLS® Listing ID A2324348

Style Bungalow

Year Built 1953

Property Sub-Type Freehold

Property Description

7.6% Cap rate once new rents are implemented. Unique property with several different options available. Full side by side duplex on 1 title. Each side is a 2 bedroom 1 bathroom.Subdivision Potential: Possibility to subdivide lot to build a single- family home with a secondary suite.Flexible Living and Investment Options: Rent both units for maximum income. Live in one unit and rent the other. Long term tenant in west unit wishes to stay. East unit is available immediately.Upgrades and condition: East unit features a newly renovated kitchen. Both units have large windows throughout for abundant natural light. Property is well maintained and in excellent condition.Accessibility: One level living, ideal for seniors or those with mobility needs.Recent improvements: two new 100-amp electrical panels. LED lighting. Washer, Dryer, hot water tank replaced 3 years agoComfort and Convenience: West side – Window A/C unit. East side – stationary vented A/C in living room. Laundry room is separate from units and shared by both. Crawl space with concrete floor and individual counterflow furnaces. Commercial-grade torched down membrane roof system with silver coating for durability and heat reflection. Underground power and cable / fibre optics.Tenant and Owner Responsibilities: Owner pays water, sewer, and garbage. Tenant pays gas and electricity. Tenant also takes care of lawn maintenance and snow removalBonus Income Potential: Detached, insulated, and drywalled two-car garage – rentable separately for additional income or a perk for tenants.Other potential options: Option to add a second floor to house. There is room at front of house to add front driveways. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Window air conditioner, Wall unit

Flooring Carpeted, Vinyl Plank

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by Royal LePage Lifestyles Realty

Nearby Locations

Afroz Shaik Realtor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(825) 449-1679

ask@afrozshaik.com

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

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5216 & 5218 56 Avenue