4537 50 AV, Cold Lake, AB T9M 1Y8
4537 50 AV, Cold Lake, AB T9M 1Y8
4537 50 AV, Cold Lake, AB T9M 1Y8
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Ralph San Juan

Ralph San Juan

+1(780) 667-7453
Listed by Natalie C Kelly RE/MAX Bonnyville Realty
$719,900
Est. payment /mo
10 Beds
4 Baths
2,198 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,198 sqft

Price per Sqft $327

Style Bi-Level

Bedrooms 10

Full Baths 4

Year Built 1977

Property Sub-Type Quadruplex

MLS® Listing ID E4491256

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!

Location

Province AB

Community Off Street Parking, Deck

Area Cold Lake South

Zoning Zone 60

Direction North

Rooms

Other Rooms Bedroom, Bedroom, Bedroom, Bedroom, Bedroom, Bedroom

Basement Full, Finished

Interior

Heating Forced Air-1, Natural Gas

Flooring Ceramic Tile, Linoleum, Vinyl Plank

Appliance Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer

Exterior

Exterior Feature Back Lane, Landscaped, Shopping Nearby

Community Features Off Street Parking, Deck

Roof Type Asphalt Shingles

Garage false

Building

Lot Description Rectangular

Faces North

Story 2

Foundation Concrete Perimeter

Architectural Style Bi-Level

Structure Type Wood,Stucco,Vinyl

Others

Restrictions Phone Listing Broker

Tax ID 0014056808

Ownership Private

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CONTACT US

+1(780) 667-7453

https://www.ralphtherealtor.ca