$719,900
4537 50 AV
Cold Lake
- 10 bedrooms
- 4 bathrooms
- 2,199 sq ft
About this home
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:67770)
Facts
- Bedrooms
- 10
- Bathrooms
- 4
- Living area
- 2,199 sq ft
- Home type
- Fourplex
- Year built
- 1977
- MLS® number
- E4491256
Features
- Heating
- Forced air
- Basement
- Finished, Full
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
- Parking
- No Garage, See Remarks
Rooms
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Main level | |
| Bedroom 2 | Main level | |
| Bedroom 3 | Main level | |
| Bedroom 4 | Main level | |
| Bedroom 5 | Basement | |
| Bedroom 6 | Basement | |
| Additional bedroom | Basement | |
| Bedroom | Basement |
Location
Listed by RE/MAX Bonnyville Realty
Listing data is supplied by the CREA Data Distribution Facility (DDF®). It is deemed reliable but not guaranteed and should be independently verified. It is provided for consumers’ personal, non-commercial use to identify properties they may be interested in purchasing.