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5724 47 Street Lloydminster, Alberta T9V 1B5

5 Bedroom 3 Bathroom 1092 sqft
Bungalow None Forced Air Landscaped

$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 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?

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Khaled El Rafih
Associate

(403) 291-4440
(403) 250-3226
https://www.facebook.com/kelrafih/

Cir Realty
#144, 1935 - 32 Avenue N.e.
Calgary, Alberta T2E 7C8

(403) 291-4440
(403) 250-3226

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