4537 50 AV, Cold Lake, AB T9M1Y8
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4537 50 AV, Cold Lake, AB T9M1Y8
4537 50 AV, Cold Lake, AB T9M1Y8
4537 50 AV, Cold Lake, AB T9M1Y8
4537 50 AV, Cold Lake, AB T9M1Y8
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4537 50 AV Cold Lake, AB T9M1Y8

10 Beds

4 Baths

2,199 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2199

Square Footage 2,199 sqft

Price per Sqft $327

Subdivision Cold Lake South

MLS® Listing ID E4491256

Style Bi-level

Bedrooms 10

Year Built 1977

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province AB

Rooms

Kitchen 0.0

Extra Room 1 Basement Measurements not available Bedroom 5

Extra Room 2 Basement Measurements not available Bedroom 6

Extra Room 3 Basement Measurements not available Additional bedroom

Extra Room 4 Basement Measurements not available Bedroom

Extra Room 5 Main level Measurements not available Primary Bedroom

Extra Room 6 Main level Measurements not available Bedroom 2

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Architectural Style Bi-level

Others

Ownership Freehold


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Listed by RE/MAX Bonnyville Realty
Arjit Brar

Arjit Brar

Agent

+1(587) 439-9058

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4537 50 AV