Active
CENTRAL PONOKA
5216 & 5218 56 Avenue , Ponoka, AB
$325,000
Multi-Family · MLS® A23243481,453.78Sq Ft
2Garage
1953Year Built
02 / Overview
PROPERTY OVERVIEW
7.24% Cap rate once new rents are implemented. Unique property with several different options available. Full side by side duplex on 1 title. Each side is a 2 bedroom 1 bathroom.
Subdivision Potential: Possibility to subdivide lot to build a single- family home with a secondary suite.
Flexible Living and Investment Options: Rent both units for maximum income. Live in one unit and rent the other. Long term tenant in west unit wishes to stay. ...
03 / Details
PROPERTY DETAILS
Property TypeMulti-Family
Building TypeDuplex
Total Finished Area1,453.78 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingWall/Window Unit(s)
ParkingDouble Garage Detached
BasementCrawl Space
Year Built1953
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,004After mortgage & expenses
Cap Rate8.2%Based on market rents
Cash on Cash Return18.5%With 20% down payment
Est. Monthly Rent$2,544Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
CENTRAL PONOKA
Loading map...
Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
Community statistics are being updated. Check back soon for detailed insights.
Listed by Michael Gouchie · Royal LePage Lifestyles Realty