4537 50 Av Cold Lake, Alberta T9M 1Y8
$719,900.00
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:63844)
Property Details
| MLS® Number | E4491256 |
| Property Type | Single Family |
| Neigbourhood | Cold Lake South |
| Amenities Near By | Shopping |
| Features | Lane |
| Structure | Deck |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 10 |
| Appliances | Dishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove, Washer |
| Architectural Style | Bi-level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1977 |
| Construction Style Attachment | Attached |
| Heating Type | Forced Air |
| Size Interior | 2,199 Ft2 |
| Type | Fourplex |
Parking
| No Garage | |
| See Remarks |
Land
| Acreage | No |
| Land Amenities | Shopping |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom 5 | Measurements not available | ||
| Basement | Bedroom 6 | Measurements not available | ||
| Basement | Additional Bedroom | Measurements not available | ||
| Basement | Bedroom | Measurements not available | ||
| Main Level | Primary Bedroom | Measurements not available | ||
| Main Level | Bedroom 2 | Measurements not available | ||
| Main Level | Bedroom 3 | Measurements not available | ||
| Main Level | Bedroom 4 | Measurements not available |
Contact Us
Contact us for more information
Box 6396, 5102a 50 Ave
Bonnyville, Alberta T9N 2G9
1 (780) 826-4884
1 (780) 826-4877
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 15 2026 06:01:49
REALTORS® Association of Edmonton
RE/MAX Bonnyville Realty