MLS® E4491256 · Active

4537 50 AV

Cold Lake, Alberta

$719,900

Source-listed price. Confirm sale or lease terms and availability.

Property photographs

Property details

MLS®

E4491256

Status

Active

Property type

Single Family

City

Cold Lake

Bedrooms

10

Bathrooms

4

Year built

1977

Living area

2199 square feet

Listing brokerage

RE/MAX Bonnyville Realty

About this property

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:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of RE/MAX Bonnyville Realty. Source attribution · REALTOR.ca

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