Skip to content
smartPRO RealtyRajesh Babunaidu, REALTOR®
  • 5701,5703 Evergreen Drive, photo 1 of 26
  • 5701,5703 Evergreen Drive, photo 2 of 26
  • 5701,5703 Evergreen Drive, photo 3 of 26
  • Duplex + Unfinished Basements
  • 4 plex unit layout
  • 4 plex Upstairs
  • 4 plex Upstairs
  • 4 plex Upstairs Living Room
  • 4 plex Laundry
  • 4 plex Upstairs Bathroom
  • 4 Plex Upstairs Bedroom 1
  • 5701,5703 Evergreen Drive, photo 12 of 26
  • 4 plex Upstairs Bedroom 2
  • 4 Plex UpstairsWalk in Closet
  • 4 plex Ensuite Upstairs
  • 4 plex lower Laundry
  • 4 plex lower Bedroom 1
  • 4 plex lower Bedroom 1
  • 4 plex lower Bedroom 2
  • 4 plex lower Bedroom 3
  • 4 plex lower Bathroom
  • 4 plex lower Kitchen
  • 4 plex lower Kitchen/Dining Room
  • 4 plex lower Living Room
  • 5701,5703 Evergreen Drive, photo 25 of 26
  • 5701,5703 Evergreen Drive, photo 26 of 26

$1,900,000

5701,5703 Evergreen Drive

High Prairie

  • 9,896 sq ft

About this home

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing. (id:67770)

Facts

Living area
9,896 sq ft
Home type
Multi-Family
Year built
2007
Parking
4
Property taxes
$22,847 (2026)
MLS® number
A2328419

Features

Appliances
Refrigerator, Range - Electric, Washer & Dryer

Location

Listed by Grassroots Realty Group - High Prairie

Powered by REALTOR.ca

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.