4537 50 Avenue, Cold Lake
Bi-Level 4PLEX for Sale
- MLS®#: E4491256
- Price: $719,900
- Bedrooms: 10
- Bathrooms: 4(full) 0(half)
- Year Built: 1977
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!
Contact Caitlin Heine About MLS® E4491256
Caitlin Heine, 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: 4PLEX
- MLS®#: E4491256
- Style: Bi-Level
- Year Built: 1977
- Total Floor Area: 2,199 sq.ft
Community Information
- Address: 4537 50 Avenue
- Neighbourhood: Cold Lake South
- City: Cold Lake
- Postal Code: T9M 1Y8
interior
- Included: Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer
- Bedrooms: 10 (Bedrooms Above: 4)
- Bathrooms: Full: 4
- Rooms Above Grade: 4
- Basement: Full, Finished, Full, Finished
- Floor Finish: Ceramic Tile, Linoleum, Vinyl Plank
exterior
- Exterior Features: Back Lane, Landscaped, Shopping Nearby
- Exterior Finish: Back Lane, Landscaped, Shopping Nearby
- Roof: Asphalt Shingles
- Front Exposure: North
services & amenities
- Parking: No Garage, See Remarks
- Heating: Y
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