5407 50 ST Lacombe, AB T4L 1H7

Here is a great opportunity for investors - this property is zoned R5 and has a solid tenant that has been renting since 2009 who wants to stay! This half duplex is in a prime location in downtown Lacombe - across from the public schools, close to the multiplex, downtown and shopping! Main floor features three bedrooms, 4 piece bathroom, living room plus open concept kitchen and dining area. The basement has one more bedroom, kitchenette, den, 4 piece bathroom, laundry and lots of storage. Original furnace, copper piping, sump pump installed along with internal weeping tile around majority of perimeter in the basement. Carport plus a long driveway to keep the vehicles off the street - back alley access. This is a good revenue property - zoned R5! Rent is presently $1500 including utilities and is increasing to $1800 including utilities as of August 1, 2024.