516 10 Street, Cold Lake

Courtesy of Kelly Baker of RE/MAX Platinum Realty

Bi-Level 4PLEX for Sale

516 10 Street, Cold Lake, MLS® # E4368588
  • MLS®#: E4368588
  • Price: $499,900
  • Bedrooms: 9
  • Bathrooms: 4(full) 0(half)
  • Year Built: 1976
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This 4 plex home has 2-3 bedroom units, 1-2 bedroom unit, & 1-1 bedroom unit. All the units have long term tenants; one 3 bedroom at $1250, one at $1100, the 2 bedroom at $1100, and the 1 bedroom at $1000. The 3 bedroom units could easily be increased to $1300 & $1200 & with the storage increase in rent, the rent would be $4800 per month [presently $4600], or $57,600 per year. The two 3 bedroom units are approximately 900sqft. each; the 2 bedroom approximately 800sqft. & the 1 bedroom 600sqft. There is also a 480sqft. storage shed, attached to the building, which is rented out for $150, increasing to $200/month. The 4 plex is 1/2 a block from the lake & between the Cold Lake Marina & the Kinosoo Beach Splash Park, making it an ideal location for tenants. [The shingles were replaced around 2011; hot water tank 2015; boiler 2014]. There are 4 electric parking stalls. Each unit has a stove & fridge.

Contact Elisse Moreno About MLS® E4368588

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: 4PLEX
  • MLS®#: E4368588
  • Style: Bi-Level
  • Year Built: 1976
  • Total Floor Area: 1,803 sq.ft
  • Restrictions: 54'x140'
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Community Information

  • Address: 516 10 Street
  • Neighbourhood: Cold Lake North
  • City: Cold Lake
  • Postal Code: T9M 1A2
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interior

  • Included: Dryer, Refrigerator, Stove-Electric, Washer
  • Bedrooms: 9 (Bedrooms Above: 6)
  • Bathrooms: Full: 4
  • Rooms Above Grade: 9
  • Basement: Full, Fully Finished
  • Floor Finish: Linoleum, Vinyl Plank
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exterior

  • Exterior Features: Back Lane, Flat Site, Fruit Trees/Shrubs, Landscaped, Level Land, Low Maintenance Landscape, Playground Nearby, Public Transportation, Schools, Shopping Nearby, See Remarks
  • Exterior Finish: Composition
  • Front Exposure: Southwest
  • Frontage: 16.35 metres
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services & amenities

  • Parking: Rear Drive Access, See Remarks
  • Heating: Y
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$499,900

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