Courtesy Of Century 21 Advantage

5130 47 Avenue, Ponoka

$409,900

4 Beds
5 Baths
2,074 Sqft
0 Acres
2 Garages

Old time investing POWER! This property makes a great return on investment (20% downpayment), exceeding 12% annually (estimated) ... including using a property manager. OR live in one side and have the tenants pay for your lifestyle. Unique home with 2 suites. One is located in the huge garage (24x52). It is a bachelor suite with floor heating and a three piece bath... currently renting for $750/month including utilities. It is a 504 square foot suite, leaving a garage of 24x31 with heated floor (boiler). The other is the original home on the lot... built in 1950, with 2 bedrooms and 2 baths. It is currently rented for $1300/month including utilities and is totally self contained. The best part of the property is the 2002 vintage addition, which is also totally self contained. Like new interior, 2 bedrooms including a primary with 3 piece bath and bidet and walk in closet. Another 4 piece bath and separate laundry on main floor. Basement has partial development. This ultra stylish and modern home has white kitchen cabinets, island in the kitchen, 3 sided gas fireplace between dining and living rooms and all kinds of natural light. This property is currently owner occupied and meticulously maintained. Front and west yards have mature landscaping. North and east yards are for parking. You could have RV parking rental income and rent out the 7x24 shed as well to increase cash flow. This is a rare and fantastic financial opportunity... own real estate, control your destiny and grow wealth... Details of the estimated return on investment can be provided, but are NOT guaranteed. City uses 1950 (Original home) as age for assessment. Effective age is much newer.

Essential Information
MLS® #A1230159
Price$409,900
Bedrooms4
Bathrooms5.00
Full Baths5
Square Footage2,074
Acres0.00
Year Built1950
TypeResidential
Sub-TypeDetached
StyleBungalow, Side by Side
StatusActive
Community Information
Address5130 47 Avenue
SubdivisionStampede Area
CityPonoka
CountyPonoka County
ProvinceAlberta
Postal CodeT4J 1J4
Amenities
Parking Spaces2
# of Garages2
Parking

Double Garage Detached, Garage Door Opener, Heated Garage, RV Access/Parking, See Remarks, Insulated

Interior
Interior FeaturesKitchen Island, Sump Pump(s)
CoolingCentral Air
Has BasementYes
BasementPartial, Partially Finished
FireplaceYes
# of Fireplaces1
FireplacesGas, Great Room
Appliances

Built-In Range, Central Air Conditioner, Dishwasher, Electric Range, Garage Control(s), Refrigerator, Washer/Dryer, Window Coverings

Heating

In Floor, Forced Air, Hot Water

Exterior
RoofAsphalt Shingle, Metal
FoundationPoured Concrete
Exterior Features

Courtyard, Private Entrance, Private Yard, Rain Gutters, Storage

Lot Description

Back Lane, Landscaped, Paved, Irregular Lot

Construction

Concrete, Vinyl Siding, Wood Frame

Additional Information
Date ListedJune 15th, 2022
Days on Market63
ZoningR3
Listing Details
Office

Courtesy Of Century 21 Advantage

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