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About the Listing E141200 - E020367
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!
Listing Highlights
Status
Active
Days on Site
14
Property Type
Residential
MLS ®
E4491256
Year Built
1977
Total Square Footage
2,199
Lot/Acreage
N/A
County
Cold Lake
Area
Cold Lake South
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances: Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer
- Air Cond:
- Heating: Forced Air-1,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Finished
- Other:
- Water:
Exterior Details
- Lot Description: Back Lane,Landscaped,Shopping Nearby
- Garage Capacity: N/A
- Roof: Asphalt Shingles
- Others: Back Lane,Landscaped,Shopping Nearby,Off Street Parking,Deck
- Sewer:
- Parking Features: No Garage,See Remarks
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
4537 50 Ave Cold Lake, AB T9M 1Y8
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