About 5407 50 Street
Here is a great opportunity for investors - this property is zoned R5 and has a solid tenant that has been renting since 2009 who wants to stay! This half duplex is in a prime location in downtown Lacombe - across from the public schools, close to the multiplex, downtown and shopping! Main floor features three bedrooms, 4 piece bathroom, living room plus open concept kitchen and dining area. The basement has one more bedroom, kitchenette, den, 4 piece bathroom, laundry and lots of storage. Original furnace, copper piping, sump pump installed along with internal weeping tile around majority of perimeter in the basement. Carport plus a long driveway to keep the vehicles off the street - back alley access. This is a good revenue property - zoned R5! Rent is presently $1500 including utilities and is increasing to $1800 including utilities as of August 1, 2024.
Features of 5407 50 Street
| MLS® # | A2129699 |
|---|---|
| Price | $209,900 |
| Sold Price | $180,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,077 |
| Acres | 0.12 |
| Year Built | 1963 |
| Type | Residential |
| Sub-Type | Semi Detached |
| Style | Bungalow, Side by Side |
| Status | Sold |
Community Information
| Address | 5407 50 Street |
|---|---|
| Subdivision | Downtown Lacombe |
| City | Lacombe |
| County | Lacombe |
| Province | Alberta |
| Postal Code | T4L 1H7 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Carport |
| Is Waterfront | No |
Interior
| Interior Features | Laminate Counters |
|---|---|
| Appliances | Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings |
| Heating | Forced Air |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Partially Finished |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | Back Lane, Back Yard, Front Yard, Lawn, Street Lighting, Rectangular Lot |
| Roof | Asphalt Shingle |
| Construction | Stucco |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | May 8th, 2024 |
|---|---|
| Date Sold | May 28th, 2024 |
| Days on Market | 20 |
| Zoning | R5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | RE/MAX real estate central alberta - Lacombe |
|---|
