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1-12 5326 50 Avenue
Downtown Lacombe (Lacombe) Lacombe T4L 1C2

$1,575,000
Multi-Family 11,625 sq. ft. built: 1981

Main Photo: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 1: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 2: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 3: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 4: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 5: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 6: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 7: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 8: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 9: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 10: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 11: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Photo 12: 1-12 5326 50 Avenue: Lacombe Apartment for sale : MLS®# A2231941
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2231941
Year Built:
1981
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.
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Total Living Area:
11,624.99 sq. ft.
Main Level Finished Area:
3,946.34 sq. ft.
Upper Level Finished Area:
3,897.69 sq. ft.
Below Grade Finished Area:
3,780.96 sq. ft.
Stories Total:
3
Year built:
1981 (Age: 44)
Bathrooms:
- (Full:-, Half:-)
Plan:
RN9
Heating:
Boiler
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Siding
Structure Type:
Low Rise (2-4 stories)
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Garage:
0
Parking:
Off Street
Parking Places:
18
Parking Total/Covered:
18 / -
Downtown Lacombe (Lacombe)
Refrigerator, Stove(s)
Stove x 12, Refrigerator x 12, Hood fan, 1 shed, Coin operated washer and dryer x 2, alarm system, dumpster bin (on contract with Empringham disposal-can be assumed for cancelled)
None Known
Title to Land:
Fee Simple
Exterior Features:
None
Num. of Parcels:
0
Region:
Lacombe
Zoning:
R5
Listed Date:
Jun 17, 2025
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Listed by Century 21 Maximum
Data was last updated June 28, 2025 at 04:05 AM (UTC)
DIANE RICHARDSON
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.