Get in touch with us

contact@benedictdevlin.com 403-307-3737

Public Search

Not logged in

7 Northstar Drive in Lacombe: LE Fairway Heights Multi-Family for sale : MLS®# CA0154268

7 Northstar Drive Lacombe T4L 1C6 : LE Fairway Heights

Main Photo: 7 Northstar Drive in Lacombe: LE Fairway Heights Multi-Family for sale : MLS®# CA0154268banner
$1,500,000
Prop. Type:
Multi-Family
MLS® Num:
CA0154268
Status:
Active
Year Built:
1977
Nicely Maintained Apartment Complex in Lacombe on a quiet street across from the Park with a brand new playground. The building was built in 1977 and includes 3 bachelor units, 11 one bedroom units and 3 two bedroom units. Many suites have been refreshed with paint and flooring. Hot water tank is 4 years old and has a newer boiler. Large assigned surface parking with plug-ins. Very low vacancy and stable tenants. On site manager also lives in the building. Easy access to downtown and University and on the bus route. Coin operated washers and dryers on the main floor as well as tenant storage space. Exterior includes 2 outdoor sheds. Professional Property Management maintains the building with weekly checks of all systems and repairs.
Listing Area:
Lacombe
Listing Sub-Area:
LE Fairway Heights
County Or Parish:
Lacombe County
Property Type:
Multi-Family
Property Sub Type:
Low Rise (1-4 Floors)
Lot Area:
Switch units of measure0 acre(s)
Lot Shape:
Standard
Lot Depth:
Switch units of measure125'
Lot Frontage:
Switch units of measure341'
Title:
Fee Simple
Year built:
1977
Construction Materials:
Frame - Wood, Stucco
Foundation:
Concrete
Floor Finish:
Carpet, Linoleum
Roof:
Shingle - Asphalt
Heating:
Baseboard heaters, Boiler
Heating Fuel:
Natural Gas
Water Supply:
Municipal
Sewer:
Municipal
Fire Protection:
Fire Extinguishers, Smoke Detectors
Num 1 Bed Units:
11
Num 2 Bed Units:
3
Num Studio Units:
3
Exterior Features:
Patio, Balcony
Security Features:
Intercom, Security Lights, Security Door
# Units:
17
Taxes:
$12,938 / 2018
Electric Expense:
4141.0
Gross Scheduled Income:
136645.0
Heating Expense:
6056.0
Insurance Expense:
4775.0
Laundry Income:
2880.0
Maintenance Expense:
9815.0
Net Operating Income:
64747.0
Professional Management Expense:
7016.0
Total Annual Operating Expenses:
70233.0
Water Sewer Expense:
11943.0
Vacancy Pct:
4.0
Total Actual Rent:
136645.0
Inclusions:
17 fridges, 17 stoves, 2 commercial washers, 2 commercial dryers, 2 garden sheds
Price Excludes:
Tenants goods and property
Possession:
Negotiable
Rent Control:
No
Parking Features:
110 Volt Wiring, Front Parking, Parking - Plug-In, Parking Space(s), Visitor Parking
Parking Places:
20
LINC Number:
0012481454
Zoning:
R2
Listed by The Property Shop Inc.
Listing information last updated on January 15, 2019 at 07:15 PM (UTC)
Benedict Devlin Team

Didn't find what you are looking for?

Fill out the form below to assist you in finding your new home

*indicates required fields.
Your Email:*
Your Name:*
Your Telephone:
Subject:
Message:*
Please type the text as it appears above:

Free Home Evaluation

*indicates required fields.
Name:*
Email:*
Address:*

Sell my home

Start Now

Find my home

Start Now

Stay informed

Join Now

Twitter