Multi-Family Residential Building for Sale

Courtesy of Simon Hunt of RE/MAX House of Real Estate

Property For Sale In High Prairie, Big Lakes

 Multi-Family Residential Building for Sale, MLS® # E4446009

This RARE SIX-PLEX in HIGH PRAIRIE is a TURN-KEY INVESTMENT offering STRONG CASH FLOW, FULL OCCUPANCY, and a SOLID CAP RATE. Located on a QUIET STREET backing onto GREEN SPACE, it blends CURB APPEAL, PRIVACY, and LONG-TERM VALUE. The 8,324 sq ft complex includes SIX FULLY SELF-CONTAINED UNITS--2 Bungalows, 2 Bi-levels, and 2 Five-level Splits--each with PRIVATE ENTRANCE, IN-SUITE LAUNDRY, and CONSISTENT INTERIOR FINISHES. Recent upgrades include a 2025 ROOF, 2024 EXTERIOR PAINT, NEW PATIO DOORS, DECKS, CONCRETE WORK, and UPDATED ELECTRICAL. Units 2 and 4 have NEWER FURNACES; all units feature CURTAINS, BLINDS, and SCREEN DOORS WITH BUILT-IN BLINDS. Living spaces range from 885-1,385 sq ft with 2-3 BEDS. Includes 12 PARKING STALLS (4 COVERED), a SHARED GARBAGE BIN, and the potential to CONDOMINIUMIZE. With FULL OCCUPANCY, a STRONG RENTAL HISTORY, RECENT UPGRADES, and a COMPETITIVE CAP RATE, this is a LOW-MAINTENANCE, HIGH-RETURN ASSET in a STABLE, GROWING MARKET--an ideal opportunity for savvy investors.

Contact Elisse Moreno About MLS® E4446009

Required Field

Elisse Moreno, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4

property information

  • Property Type: Multi-Family Residential Building
  • MLS®#: E4446009
  • Year Built: 1982
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Community Information

  • Neighbourhood: High Prairie
  • City: Big Lakes
  • Postal Code: T0G 1E0
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$1,275,000

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