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Key Details
Sold Price $349,900
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $179
Subdivision Central Ponoka
MLS® Listing ID A2257225
Sold Date 11/25/25
Style Attached-Up/Down,Modified Bi-Level
Bedrooms 3
Full Baths 1
Year Built 1973
Annual Tax Amount $4,469
Tax Year 2024
Lot Size 6,000 Sqft
Acres 0.14
Property Sub-Type Full Duplex
Source Central Alberta
Property Description
EXPERIENCE this investment opportunity in this full duplex converted into a fourplex, offering potential cash flow and solid long-term potential! When all 4-units were fully occupied, this property was generating $4800/M in gross rental income. With operating expenses, covering property management, utilities (boiler gas, water/sewer) garbage removal and yard maintenance. All the units have heat included because it's a boiler system, and there is only 1 water meter. The tenants each pay their own electricity and Wi-Fi/cable if desired. Suite Breakdown: Three 3-bedroom units and One 2-bedroom unit. Each suite is self-contained with its own washer, dryer, fridge and stove, making them highly desirable for tenants. Additional features include rear lane access and 4 dedicated parking stalls, providing convenience and functionality. Tenants appreciate the property's prime location near schools and amenities. Photos and room measurements provided in the listing are of Unit 3. This is a turnkey revenue property and investor opportunity to add to any real estate portfolio.
Location
Province AB
County Ponoka County
Zoning R3
Direction E
Rooms
Basement Full
Interior
Interior Features Laminate Counters
Heating Boiler
Cooling None
Flooring Laminate, Linoleum, Vinyl Plank
Appliance Electric Stove, Refrigerator, Washer/Dryer
Laundry In Unit
Exterior
Parking Features Off Street, Parking Pad
Garage Description Off Street, Parking Pad
Fence Partial
Community Features Park, Schools Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch None
Lot Frontage 50.0
Total Parking Spaces 4
Building
Lot Description Back Lane, Back Yard, Few Trees, Front Yard, Landscaped
Foundation Poured Concrete
Architectural Style Attached-Up/Down, Modified Bi-Level
Level or Stories One
Structure Type Stucco,Vinyl Siding
Others
Restrictions None Known
Tax ID 56563363
Ownership Joint Venture
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