Courtesy of Heather D. Malin of RE/MAX Vision Realty
3 bedrooms
4 bathrooms
4 half baths
Living space area (basement exclu.) 2000-2500 ft²

Description

This is a rare find! You have a 4 plex that has 4 separate titles. Can use as a revenue property, could live in one and have the rest for revenue. Or you could sell them individually to make some profit;- lots of opportunity. The revenue is $46,000 per year, expenses of $17,096.20 per year. These expenses cover the property insurance & taxes, repairs & maintenance. cap rate is 5%. If you are looking for an investment combining the 4 lots into one would likely save in taxes. A well looked after & maintained building with a rear fenced yard and parking for each unit. The roof was redone 2 years ago. There is a party wall agreement on title with each unit. NOTE:- If looking for more investments, there is a 2003 side x side duplex with legal basement suites for $525,000 (MLS E4198826) & a 1993 12 suite apt. for $1.056 mil.
Complete Description
Complete Description

Property features

Asking Price
$575,000
Year of construction
2001
Parking spaces
8
Courtesy of Heather D. Malin of RE/MAX Vision Realty
Source: REALTORS® Association of Edmonton

Price history

Price history for this listing is not publicly available. To request a consultation with a local Purplebricks REALTOR® call: 1-855-757-2275

$575,000

House for sale

5030-5036 44 Street

Drayton Valley

MLS® # E4198805

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