5316 Lansdown Avenue Blackfalds, AB T0M 0J0
Inscription par: PILLAR 9 - IDX / Maxwell Real Estate Solutions Ltd.

  5316 Lansdown Avenue Blackfalds, AB T0M 0J0

En vigueur (17 Jours)
675,000 $
2,234
PI. CA.

Description

. This attractive 4-plex in Blackfalds is listed at $675,000 and generates a gross rental income of $57,600 per year. With tenants covering all gas and electric costs via individual meters, the owner is responsible for water, sewer, and garbage services at approximately $350 per month (around $4,200 annually). Each unit features 2 bedrooms, with a 4-piece bathroom in the basement and a 2-piece bathroom on the main floor. Additional annual expenses include property taxes of $5,656, insurance of $4,934 (as reported last year), and minimal maintenance costs—about $1,000 in miscellaneous expenses in 2024. Management fees are set at 8.5% of the gross income, which comes to roughly $4,896 per year, and the property has enjoyed no vacancies in recent years. With these expenses, the net operating income comes to approximately $36,914, resulting in a cap rate of roughly 5.5%. Located beside both the Eagle Hockey Area and the Blackfalds Library, this property presents a compelling investment opportunity in a prime location.

MLS®:
A2192425
Catégorie
Multifamily
Année de Construction
1978
Style
Bi-Level
Ville
Lacombe County

Listed By

Cordell Nielsen, Maxwell Real Estate Solutions Ltd.
Source
PILLAR 9 - IDX
Dernière vérification Feb 23 2025 à 8:39 AM EST
Détails sur les salles de bains
Quartier
  • Blackfalds - Other
Caractéristiques de la propriété
  • Cheminée: Total Fireplace(s) : 0
Chauffage et refroidissement
  • Natural Gas
Informations sur les sous-sols
  • Finished
Stationnement
  • Parking Space(s) : 4
Surface Habitable
  • 2,234 pi. ca.
Alimenté par Walk Score®
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.