$719,900
 $3,865 est/mo Sourced by Back At You

4537 50 Av,Cold Lake, AB T9M1Y8

Cold Lake, AB T9M1Y8

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Description

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:13843)

Details

MLS #E4491256
Listing TypeFor Sale
StyleFourplex
StatusActive
Year1977
Days On Site149
Listing Provided ByRE/MAX Bonnyville Realty | Natalie C. Kelly

Features

Bed(s)10
Bath(s) 4 Total
SQ Feet2,199
BasementY

Interior

HeatingForced air
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
Fireplace Yes / NoNo

Exterior

Lot FeaturesLane

Parking

Parking FeaturesNo Garage, See Remarks

Area Information

ProvinceAB
CityCold Lake
Postal CodeT9M1Y8
Listing VS Median (in T9M1Y8)
Price:
$719,900
low | high
Med:
$719,900
50% of Average
sqft:
2,199
low | high
Med:
2,199
50% of Average
$ / sqft:
$327
low | high
Med:
$327
50% of Average
On site:
149
low | high
Med:
149
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityCold Lake
Postal CodeT9M1Y8
Listing VS Median (in T9M1Y8)
Price:
$719,900
low | high
Med:
$719,900
50% of Average
sqft:
2,199
low | high
Med:
2,199
50% of Average
$ / sqft:
$327
low | high
Med:
$327
50% of Average
On site:
149
low | high
Med:
149
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 4:13:22 AM PDT