Address
5030-5036 44 ST Drayton Valley, AB
Price
$ 575,000
Property Attributes
  • MLS#E4198805
  • TypeSingle Family
  • CityDrayton Valley
  • AreaBrazeau
  • NeighbourhoodDrayton Valley
  • Postal CodeT7A 1B7
  • StyleBi-Level
  • Price$ 575,000
  • Bedrooms0+3
  • Full Bathrooms4+4
  • Half Bathrooms0
  • Sqr Footage2483
Listing Provided Courtesy Of:
RE/MAX Vision Realty
Property 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.

Price History
5/30/2020 Listed $600,000
9/1/2020 5% - $575,000

General Features

Amenities Patio, Vinyl Windows
Beds 0+3
Garage no
Listing Type House
Neighbourhood Drayton Valley
Parking yes
Parking Spaces 8
Property Type 4plex
Style Bi-Level
Terms SALE
Title to Land Fee Simple
Wheel Chair Access no
Zoning 90

Interior Features

Basement Full
Bedrooms 0+3
Fireplace no
Flooring Carpet, Linoleum
Foundation Concrete
Total Baths 4+4

Exterior Features

Building Style Bi-Level
Exterior Stucco
Heating Type Forced Air-1
Lot Shape Rectangular
Parking Front/Rear Drive Access
Pool Y/N no
Road Access Paved
Roof Type Asphalt Shingles

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T7A 1B7

Price
AVG $550K
$580K
Visits
AVG 68
105
Year Built
AVG 2002
2001
Walkscore
AVG 36
34
Data Provided by Walkscore ® not using MLS data

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