$335,000
$337,500
0.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,256 SqFt
SOLD DATE : 04/11/2023
Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $148
Subdivision Riverside
MLS® Listing ID A2034464
Sold Date 04/11/23
Style Bungalow,Side by Side
Bedrooms 8
Full Baths 2
Half Baths 2
Originating Board Central Alberta
Year Built 1977
Annual Tax Amount $2,910
Tax Year 2022
Lot Size 6,568 Sqft
Acres 0.15
Property Description
Welcome to this exceptional investment opportunity with tons of potential for revenue growth. Perfect for investor and house flippers this full duplex, where you can live on one side and rent out the other. This opportunity provides you with the chance to invest in a property that offers the best of both worlds, as one side has recently been renovated, while the other side has existing tenants who are eager to stay. Both sides of the duplex feature 5 bedrooms, 1.5 bathrooms and are roughed-in for bathrooms in the basement. This half of the duplex is also 1128 sqft in size, making it a comfortable and spacious living area for everyone. Both sides also have partially finished basements waiting for your vision to come and make it your own. Located in a highly desirable area, this duplex is just a short drive away from downtown shopping, golf courses, and schools. Additionally, the duplex is within walking distance from a park, playground, baseball diamond, and walking paths. You will enjoy a great location and a high level of convenience.
The renovated side of the duplex has all-new flooring in the bedrooms, new paint throughout the entire house, new doors and locks, new screen doors, new light switches and plug-ins, and new bathroom light fixtures. The landscaping has also been updated, giving the property a fresh and inviting look.
This duplex offers a great revenue potential and is perfect for first-time investors. The existing tenants on one side provide an immediate source of income, while the newly renovated side offers the potential for increased rental income. With lots of storage and potential in the basement, this investment property offers endless opportunities to maximize your return on investment.
Location
Province AB
County Ponoka County
Zoning R2
Direction E
Rooms
Basement Full, Partially Finished
Interior
Interior Features Central Vacuum, Closet Organizers, No Animal Home, Storage, Walk-In Closet(s)
Heating Forced Air
Cooling None
Flooring Carpet, Laminate, Linoleum
Fireplaces Number 1
Fireplaces Type Brick Facing, Living Room, Wood Burning
Appliance Dryer, Refrigerator, Stove(s), Washer, Window Coverings
Laundry In Basement
Exterior
Garage None, On Street
Garage Description None, On Street
Fence None
Community Features Park, Schools Nearby, Playground, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch None
Lot Frontage 65.0
Parking Type None, On Street
Exposure E
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard
Foundation Poured Concrete
Architectural Style Bungalow, Side by Side
Level or Stories One
Structure Type Aluminum Siding
Others
Restrictions None Known
Tax ID 56562419
Ownership Private
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