5607 43 Street, Lloydminster, AB, T9V 0A5

MLS® # A2329745

Investment For Sale In Lloydminster, Alberta

$449,900

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5607 43 Street, Lloydminster, AB - Outdoor

5607 43 Street, Lloydminster, AB - Indoor

5607 43 Street, Lloydminster, AB - Indoor Photo Showing Living Room

5607 43 Street, Lloydminster, AB - Indoor Photo Showing Kitchen

5607 43 Street, Lloydminster, AB - Indoor Photo Showing Kitchen With Double Sink

5607 43 Street, Lloydminster, AB - Indoor Photo Showing Other Room

5607 43 Street, Lloydminster, AB - Indoor Photo Showing Bathroom

5607 43 Street, Lloydminster, AB - Indoor Photo Showing Basement

5607 43 Street, Lloydminster, AB - Indoor Photo Showing Bedroom

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5607 43 Street, Lloydminster, AB, T9V 0A5

$449,900

Property Information:

Exceptional multi-family investment opportunity on the Alberta side of Lloydminster! This well-maintained property features a spacious three-bedroom, two-bathroom main floor suite, along with three additional self-contained rental units in the basement, including one one-bedroom suite and two bachelor suites with kitchenettes. Built in 1970, this quality-constructed building has been well cared for and updated over the years with newer windows, updated flooring, fresh paint, new closet doors, modern light fixtures, upgraded electrical servicing, plus many more improvements throughout.The property also offers a double detached garage, convenient back alley parking, main floor laundry for the upper suite, and a separate shared laundry area for the basement tenants. A lawn care and snow removal contract is already in place, making ownership even more convenient. With reliable tenants already in place, this is an excellent opportunity for investors seeking strong cash flow. Alternatively, live in the spacious upper suite while the rental income from the lower units helps offset your mortgage, or rent the entire building to maximize your return on investment. A versatile income-producing property with plenty of upside in a desirable Alberta location.

Inclusions: Alarm System Owned

Building Features:

Air Conditioning: Yes
Total Finished Area: 1237.00 Square Feet

Property Features:

Architectural Style: Bungalow
Built in: 1970
Construction Materials: Vinyl Siding, Wood Frame
Cooling: Central Air
Floor Space (approx): 1237.00 Square Feet
Flooring: Carpet, Tile
Foundation Details: Poured Concrete
Heating: Floor Furnace, Natural Gas
Interior Features: Open Floorplan, See Remarks
Lot Size: 6492.00 Square Feet
Parking Features: Double Garage Detached
Roof: Asphalt Shingle
Zoning: MDR
No. of Parking Spaces: 5

Data provided by: REALTORS® Association of Lloydminster & District 5009 48 St., Lloydminster, Alberta T9V 0H7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Colin Clarke

Real Estate Agent Royal LePage Musgrave Agencies *

Mobile:306.830.1499

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Market Price Trends

Single family detached

13.62%

Price change (1 year)

17.33%

Price change (5 years)

All Properties

13.83%

Price change (1 year)

18.22%

Price change (5 years)

Location of 5607 43 Street, Lloydminster, AB, T9V 0A5

Lifestyle
Neighbourhood

Demographic Information of 5607 43 Street, Lloydminster, AB, T9V 0A5

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$126,881.91

Average Number of Children

1.84

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.34 %

High school certificate or equivalent

33.09 %

Apprenticeship trade certificate/diploma

11.16 %

College/non-university certificate

21.75 %

University Degree

13.66 %

Commuter

Travel To Work

By Car

92.46 %

By Public Transit

0.0 %

By Walking

1.7 %

By Bicycle

0.0 %

By Other Methods

5.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.15 %

Houses

78.85 %

Own Vs. Rent

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5607 43 Street, Lloydminster, AB, T9V 0A5 $449,900 MLS® # A2329745