5130 47 Avenue Ponoka, Alberta T4J 1J4
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$409,900
Old time investing POWER! This property makes a great return on investment (20% downpayment), exceeding 12% annually (estimated) ... including using a property manager. OR live in one side and have the tenants pay for your lifestyle. Unique home with 2 suites. One is located in the huge garage (24x52). It is a bachelor suite with floor heating and a three piece bath... currently renting for $750/month including utilities. It is a 504 square foot suite, leaving a garage of 24x31 with heated floor (boiler). The other is the original home on the lot... built in 1950, with 2 bedrooms and 2 baths. It is currently rented for $1300/month including utilities and is totally self contained. The best part of the property is the 2002 vintage addition, which is also totally self contained. Like new interior, 2 bedrooms including a primary with 3 piece bath and bidet and walk in closet. Another 4 piece bath and separate laundry on main floor. Basement has partial development. This ultra stylish and modern home has white kitchen cabinets, island in the kitchen, 3 sided gas fireplace between dining and living rooms and all kinds of natural light. This property is currently owner occupied and meticulously maintained. Front and west yards have mature landscaping. North and east yards are for parking. You could have RV parking rental income and rent out the 7x24 shed as well to increase cash flow. This is a rare and fantastic financial opportunity... own real estate, control your destiny and grow wealth... Details of the estimated return on investment can be provided, but are NOT guaranteed. City uses 1950 (Original home) as age for assessment. Effective age is much newer. (id:51454)
Property Details
| MLS® Number | A1230159 |
| Property Type | Single Family |
| Community Name | Stampede Area |
| Amenities Near By | Park, Playground |
| Features | Back Lane |
| Parking Space Total | 2 |
| Plan | 27ks |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Appliances | Refrigerator, Range - Electric, Dishwasher, Range, Window Coverings, Garage Door Opener, Washer & Dryer |
| Architectural Style | Bungalow |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1950 |
| Construction Material | Poured Concrete, Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete, Vinyl Siding |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Flooring Type | Carpeted, Hardwood, Linoleum |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air, Hot Water, In Floor Heating |
| Stories Total | 1 |
| Size Interior | 2074 Sqft |
| Total Finished Area | 2074 Sqft |
| Type | House |
Parking
| Detached Garage | 2 |
| Garage | |
| Heated Garage | |
| R V | |
| See Remarks |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground |
| Landscape Features | Landscaped |
| Size Depth | 31.39 M |
| Size Frontage | 36.27 M |
| Size Irregular | 10585.00 |
| Size Total | 10585 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 10585 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | R3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 3pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 11.00 Ft x 11.50 Ft | ||
| Main Level | Primary Bedroom | 13.50 Ft x 15.00 Ft | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Laundry Room | 5.00 Ft x 7.00 Ft | ||
| Unknown | Primary Bedroom | 9.50 Ft x 11.50 Ft | ||
| Unknown | Bedroom | 9.00 Ft x 9.00 Ft | ||
| Unknown | 4pc Bathroom | Measurements not available | ||
| Unknown | 3pc Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/24554068/5130-47-avenue-ponoka-stampede-area
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June 16 2022 11:25:10
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