4537 50 AV
Cold Lake, Alberta
MLS® E4491256
$719,900
- Status
- Active
- Property type
- House
- MLS® number
- E4491256
- Bedrooms
- 10
- Bathrooms
- 4
- Year built
- 1977
1 / 36Listing 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!
Property summary
- MLS® number
- E4491256
- Property type
- Single Family
- Building type
- Fourplex
- Square footage
- 2,199 sq ft
- Title
- Freehold
- Built in
- 1977
- Parking
- No Garage, See Remarks
- Days on market
- 121 days
Features & details
- Heating
- Forced air
- Basement
- Finished, Full
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
- Lot features
- Lane
- Architectural style
- Bi-level
What would this home cost you?
Based on the $719,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Bonnyville Realty, Bonnyville.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.