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5137 51 AV, Canada, Drayton Valley

$350000
Property ID: E4369083

5137 51 AV, Drayton Valley, Canada

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Car Parking
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4176 Sq Ft
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0 Sq Ft

Description:

This property is in the downtown core with great exposure & lots of public parking to the west of the building as well as street parking. Currently there are 4 tenants and room for more. There is a general assessment for 2022. Current rent is $48,240.00 per year. The front end used to have a restaurant which would increase the rent substantially. Expenses run around $18,000 annually which includes the insurance, taxes, utilities, maintenance & snow removal. The owner is currently paying these expenses. A party wall agreement is in process of being completed. The roof is torch on, the 2 furnaces are set up with air conditioning. Recently the furnaced were serviced professionally. There are 3 hot water tanks in the building. One is due to be replaced. There are 2 common area bathrooms. In 1990 the windows and framing were renovated. Gas meters were switched to one bill to save on costs & could be reversed. There are no leases or damage deposits with the tenants. (id:52163)

Properties Details:

  • Price: $350000
  • Property ID: E4369083
  • Land Area Size: 4176 Sq Ft

Properties Amenities

  • Laundry
  • Window Covering

Location & Google Maps

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  • Address: 5137 51 AV
  • Country: Canada
  • Province/State: Alberta
  • City/Town: Drayton Valley
  • Neighborhood: Canada

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