4908 54 Avenue

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:66966)

Details

Type

Multiplex

Style

Bi-level

Size

1779 sq ft

Basement

Finished, Full

Property tax

$3,816 (2026)

Municipality

High Prairie

Interior

Fireplace

No

Appliances

Washer, Refrigerator, Stove, Dryer, Hood Fan

Flooring

Tile, Laminate, Vinyl Plank

Heating, cooling and services

Heating

Forced air, Natural gas

Building and exterior

Style

Bi-level

Year built

1993

Exterior

Wood frame

Foundation

Poured Concrete

Outdoor

Vinyl siding

Parking

Total parking

8

Driveway and parking

Street, Shared

Location

Location is approximate. See nearby homes on the map