4537 50 Av, Cold Lake, Alberta T9M 1Y8

Listed for:
$719,900
10 beds
4 baths
Listed 9 days ago
Fourplex for rent: 4537 50 Av, Cold Lake, Alberta T9M 1Y8

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About

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:27476)

Property Highlights

MLS® Number
E4491256
Type
Single Family
Ownership Type
Freehold

Building

Building Type
Fourplex
Square Footage
2199 sqft
Bathrooms Total
4
Bedrooms Total
10
Amenities
Shopping
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX Bonnyville Realty
MLS® number:
E4491256
Agent:
Natalie C. Kelly
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