5724 47 Street Lloydminster, Alberta T9V 1B5
$347,900
Excellent investment opportunity! Live on one level and rent the other! For the right buyers, especially first-time buyers, the seller will assist with the down payment (short term, reimbursable in 2 years / Canada prime rate minus 0.25).The title will be on the buyers name, but the seller reserves the right to have a lien on the property until the down payment will be fully paid. The monthly rental income is $1,700. There is a guaranteed 5.2% CAP rate along with long term months lease agreements, great tenants, and steady income. The residents are responsible for TV/cable, telephone, and utilities.Over the years the property (2 stand alone units) provided an extremely healthy rental income. The property is unique in layout both on the main floor and lower level. In Sep 2019 the property was fully renovated and upgraded, which features two self-contained stand-alone units on the main floor 3 bedrooms unit with large open concept living room, full kitchen with island and dinning area, 1 full bathroom w/bathtub and shower, one ½ bathroom master bedroom, and laundry room on the main floor, and 2 bedrooms unit with a large open concept living room, kitchen and dining area, 1 full bathroom w/bathtub and shower, and laundry room. Given all circumstances of the unique layout and renovation, one of the units could be turned into a rental income unit or could be turned into living space for a larger family with small kids and teenagers requiring their own private space.Both the 3 bedroom unit and 2 bedroom unit have 7 appliances washer, dryer, microwave, dishwasher, fridge, hood fan, stove/range.The property features a large, fenced backyard with a large deck featuring a BBQ gas line, and separate gates front yard and back yard along with a new 24ft by 24ft, 9ft ceiling insulated double garage, and RV parking (front) and 2 additional parking stall side by side back of the house.In addition, this property has been renovated (including basement re-developed, new soundproof insulation ceiling, open concept), new roof, new giant water tank have been installed, and fresh painting (id:26237)
Property Details
| MLS® Number | A1070308 |
| Property Type | Single Family |
| Community Name | West Lloydminster City |
| Amenities Near By | Park, Playground |
| Features | Back Lane, No Animal Home, No Smoking Home, Level |
| Parking Space Total | 6 |
| Plan | 951 Ny |
| Structure | Deck |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Garage Door Opener, Washer & Dryer |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1964 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stucco, Vinyl Siding |
| Flooring Type | Ceramic Tile, Laminate, Linoleum |
| Foundation Type | Poured Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1092 Sqft |
| Total Finished Area | 1092 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Detached Garage | 2 |
| Parking Pad |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground |
| Landscape Features | Landscaped |
| Size Irregular | 0.15 |
| Size Total | 0.15 Ac|4,051 - 7,250 Sqft |
| Size Total Text | 0.15 Ac|4,051 - 7,250 Sqft |
| Zoning Description | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 4pc Bathroom | Measurements not available | ||
| Lower Level | Bedroom | 3.66 M x 3.05 M | ||
| Lower Level | Family Room | 3.35 M x 4.27 M | ||
| Lower Level | Bedroom | 4.04 M x 2.77 M | ||
| Main Level | 2pc Bathroom | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 3.02 M x 3.20 M | ||
| Main Level | Kitchen | 4.93 M x 3.38 M | ||
| Main Level | Bedroom | 2.74 M x 3.07 M | ||
| Main Level | Primary Bedroom | 3.20 M x 3.45 M | ||
| Main Level | Living Room | 6.10 M x 4.01 M |
https://www.realtor.ca/real-estate/22824161/5724-47-street-lloydminster-west-lloydminster-city
Interested?
Contact us for more information
Khaled El Rafih
Associate
(403) 250-3226
https://www.facebook.com/kelrafih/
#144, 1935 - 32 Avenue N.e.
Calgary, Alberta T2E 7C8
(403) 291-4440
(403) 250-3226
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 16 2021 06:24:36
Calgary Real Estate Board
Cir Realty