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4537 50 AV

Cold Lake South, Cold Lake, AB, T9M1Y8

Listed by RE/MAX Bonnyville Realty

$719,900

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  • 10 bedrooms
  • 4 bathrooms
  • 2199 sq ft

Listed 141 days ago · MLS® E4491256

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:66966)

Details

Type
Multiplex
Style
Bi-level
Size
2199 sq ft
Basement
Finished, Full
Garage
Garage
Neighbourhood
Cold Lake South
Municipality
Cold Lake

Interior

Fireplace
No
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo

Heating, cooling and services

Heating
Forced air

Building and exterior

Style
Bi-level
Year built
1977

Parking

Driveway and parking
No Garage, See Remarks

Rooms

RoomLevelSizeFeatures
Primary BedroomMain level
Bedroom 2Main level
Bedroom 3Main level
Bedroom 4Main level
Bedroom 5Basement
Bedroom 6Basement
Additional bedroomBasement
BedroomBasement

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX Bonnyville Realty.

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