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smartPRO RealtyRajesh Babunaidu, REALTOR®
  • 4908 54 Avenue, photo 1 of 35
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  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Lower Unit
  • One Upper Unit
  • One Upper Unit
  • One Upper Unit
  • One Upper Unit

$599,900

4908 54 Avenue

High Prairie

  • 1,779 sq ft

About this home

Investor ALERT in High Prairie!!! Featuring an INCREDIBLE 11.3% Cap Rate + STRONG Cash Flow + SOLID UPGRADES throughout!!!This WELL-MAINTAINED Bi-level 4-Plex sits on a LARGE 6,092 Sq Ft lot and offers 3,558 Sq Ft of Total Developed LIVING SPACE. Designed for CONSISTENT Rental Demand and EASE of Management, this TURN-KEY opportunity delivers both excellent upside and LONG-TERM stability.The property features 4 RENTED units generating a total MONTHLY INCOME of $4,825. The 2 top-floor units each offer 756 Sq Ft, while the 2 lower units each provide 646 Sq Ft — a FUNCITONAL layout that supports STRONG OCCUPANCY and STEADY CASH FLOW!!!This property has had LOTS OF WORK put into it - w/SIGNIFICANT Updates + MAJOR Improvements already completed, making it a STRONG, LOW-MAINTENANCE investment opportunity!!! Shingles Replaced 2013, NEWER VINYL FLOORING + Tiled flooring throughout, NEWER Windows + Doors, NEWER Vanities, + EXTERIOR IMPROVEMENTS Include New SIDING on the FRONT + a FRESHLY Painted Deck.MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (2026 and 2022 Years Old) + Hot Water Tanks (2022 + 2023) + APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024).STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS.Add this CASH-FLOWING asset to your portfolio TODAY!!! (id:67770)

Facts

Living area
1,779 sq ft
Home type
Multi-Family
Year built
1993
Lot size
566 square meters
Parking
8
Property taxes
$3,816 (2026)
MLS® number
A2287491

Features

Heating
Forced air, Natural gas
Cooling
None
Basement
Finished, Full
Flooring
Tile, Laminate, Vinyl Plank
Appliances
Washer, Refrigerator, Stove, Dryer, Hood Fan
Parking
Other, Street, Shared
Exterior Features
Vinyl siding

Location

Listed by RE/MAX House of Real Estate

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