5326 50 Avenue 1-12 Lacombe, AB T4L 1C2
Listing Courtesy of: PILLAR 9 - IDX / Century 21 Maximum / Melissa Morin

  5326 50 Avenue 1-12 Lacombe, AB T4L 1C2

Active (1 Days)
$1,575,000
11,625
SQFT
See Similar Listings

Description

No vacancies! Excellent cash flowing 12 suite apartment building with prime location in Lacombe. All units are 2 bedroom, 1 bath with exception of one bachelor suite. Tenants pay power. Owner pays heat, water/sewer and garbage. Ample parking. New roof approx. 6-7 years ago. X2 coin operated washer & dryer, also recently replaced. Brand new motors in boiler. Newer HWT & furnace. Unit 303 was recently completely redone, new flooring, trim, paint, bathroom, etc. Most tenants have been there for 5 or more years. One tenant has been there 24 years. Every tenant in month to month except for one unit that just signed a 1 year lease June 1st. Overall a great building with potential for rent increases as most of the units are currently below market rent.

MLS®:
A2231941
Type
Multifamily
Year Built
1981
County
Lacombe County

Listed By

Melissa Morin, Century 21 Maximum
Source
PILLAR 9 - IDX
Last checked Jun 20 2025 at 1:59 PM MDT
Bathroom Details
Interior Features
  • Appliances : Refrigerator
  • Appliances : Stove(s)
Subdivision
  • Downtown Lacombe
Property Features
  • Fireplace: Total Fireplace(s) : 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Boiler
  • None
Flooring
  • Carpet
  • Linoleum
Exterior Features
  • Roof: Tar/Gravel
Parking
  • Parking Space(s) : 18
  • Off Street
Living Area
  • 11,625 sqft
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

CENTURY 21 Maximum

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3617F 50 Ave, Red Deer, AB T4N3Y5

(587) 272-0221

General mailbox: admin.maximum@c21.ca

Conveyance: convey.maximum@c21.ca

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