Lacombe, AB T4L1P9,49 Hanging Stone DR
Lacombe, AB T4L1P9,49 Hanging Stone DR
Lacombe, AB T4L1P9,49 Hanging Stone DR
Lacombe, AB T4L1P9,49 Hanging Stone DR
Lacombe, AB T4L1P9,49 Hanging Stone DR
Lacombe, AB T4L1P9,49 Hanging Stone DR
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$295,000

$299,000

1.3%
Est.Price: ?

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Est. payment /mo

6 Beds

2 Baths

1,069 SqFt


SOLD DATE : 09/18/2023

Key Details

Sold Price $295,000

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,069 sqft

Price per Sqft $275

Subdivision Hearthstone

MLS® Listing ID A2071443

Sold Date 09/18/23

Style Back Split,Bi-Level

Bedrooms 6

Full Baths 2

Originating Board Central Alberta

Year Built 1988

Annual Tax Amount $2,689

Tax Year 2023

Lot Size 3,000 Sqft

Acres 0.07

Property Description

Welcome to this exceptional listing! A meticulously maintained full 1988 duplex presents an outstanding opportunity for astute investors and those seeking mortgage assistance. With both units fully rented, this property offers an exceptional chance to generate consistent rental income. The convenience and comfort of each unit are highlighted by three bedrooms, providing ample space for occupants.

Each unit boasts 534 sq/ft on the upper level and approximately 536 sq/ft on the lower level. The primary bedrooms in both units include walk-in closets, offering convenient storage solutions.

Recent upgrades within the past five years encompass new vinyl siding, shingles, and decks for both units, enhancing the overall durability and aesthetics of the property. Additionally, two new high-efficiency furnaces were installed in 2020, ensuring optimal heating and energy efficiency. Each unit also features a new fireplace, contributing to the cozy ambiance.

The property comes complete with updated appliances installed in 2020, ensuring modern conveniences for tenants or future occupants. The fully rented units provide an attractive investment opportunity with a cap rate of about 5.27%. Both long-term tenants express interest in remaining, offering stability and consistent rental income for potential investors.

This duplex is a prime investment choice, offering a solid return with tenants eager to stay. Whether you're an investor seeking reliable cash flow or an individual looking for a property to help with mortgage payments, this listing caters to both needs. Don't miss out on this exceptional opportunity to see the potential that this duplex holds!

Location

Province AB

County Lacombe

Zoning R2

Direction W

Rooms

Basement Finished, Full

Interior

Interior Features Laminate Counters, Separate Entrance, Vinyl Windows, Walk-In Closet(s)

Heating High Efficiency, Fireplace(s), Forced Air, Natural Gas

Cooling None

Flooring Carpet, Linoleum

Fireplaces Number 2

Fireplaces Type Family Room, Gas, Mantle, Metal

Appliance Dishwasher, Range Hood, Refrigerator, Stove(s), Washer/Dryer

Laundry Laundry Room, Main Level

Exterior

Garage Alley Access, Off Street, On Street, Parking Pad, Plug-In

Garage Description Alley Access, Off Street, On Street, Parking Pad, Plug-In

Fence None

Community Features Airport/Runway

Roof Type Asphalt Shingle

Porch Deck

Lot Frontage 30.0

Parking Type Alley Access, Off Street, On Street, Parking Pad, Plug-In

Exposure W

Total Parking Spaces 4

Building

Lot Description Back Lane, Few Trees, Front Yard, Lawn, No Neighbours Behind, Street Lighting, Rectangular Lot

Foundation Wood

Architectural Style Back Split, Bi-Level

Level or Stories Bi-Level

Structure Type Concrete,Vinyl Siding,Wood Frame

Others

Restrictions None Known

Tax ID 83994405

Ownership Private

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Mark & Natalie Neustaedter

Mark & Natalie Neustaedter

+1(403) 585-6908

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Royal Lepage Network Realty Corp.
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