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4537 50 Av, Cold Lake, Alberta T9M 1Y8

MLS® # E4491256

$719,900

Property Size 2199
Bedrooms 10
Bathrooms 4
Year Built 1977

Description

Calling All Investors! Don't miss this exceptional opportunity to own a well-maintained & updated 4-plex in a prime location near downtown Cold Lake. Four fully developed 3-bedroom units, this income-generating property is truly rental revenue ready. Each unit comes complete with appliances, in-suite laundry & a private deck with convenient under-deck storage. Recent renovations in three of the units include flooring, paint, kitchens, 4-piece bathrooms, light fixtures & more. Building improvements completed over the past 12 years include windows, sliding patio doors, shingles & vinyl siding. Tenants will appreciate the added convenience of south-side parking accessible from the back alley, along with the property's proximity to Main Street amenities, including shopping, restaurants, banking & everyday services. Rented and generating steady income with a cap rate of nearly 8%, this turnkey investment property is an excellent addition to any portfolio. Take advantage of this profitable opportunity today! (id:53676)

PROPERTY FEATURES

  • MLS® Number E4491256
  • Price $719,900
  • Bedrooms: 10
  • Bathrooms: 4
  • Square Footage: 2199 sqft
  • Property Type: Fourplex
  • Neighbourhood: Cold Lake South
  • Amenities Near By Shopping
  • Features Lane
  • Structure Deck

Buildings

Bathroom Total 4 Bedrooms Total 10
Appliances Dishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove, Washer Architectural Style Bi-level
Basement Development Finished Basement Type Full (finished)
Constructed Date 1977 Construction Style Attachment Attached
Heating Type Forced Air Size Interior 2199 Sqft
Type Fourplex

Parking

No Garage
See Remarks

Land

Acreage No Land Amenities Shopping

Rooms

Level Type Dimensions
Basement Bedroom 5 Measurements not available
Basement Bedroom 6 Measurements not available
Basement Additional Bedroom Measurements not available
Basement Bedroom Measurements not available
Main Level Primary Bedroom Measurements not available
Main Level Bedroom 2 Measurements not available
Main Level Bedroom 3 Measurements not available
Main Level Bedroom 4 Measurements not available

BROKERAGE

  • Office: RE/MAX Bonnyville Realty

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