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)
| MLS # | E4491256 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Status | Active |
| Year | 1977 |
| Days On Site | 149 |
| Listing Provided By | RE/MAX Bonnyville Realty | Natalie C. Kelly |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,199 |
| Basement | Y |
| Heating | Forced air |
|---|---|
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo |
| Fireplace Yes / No | No |
| Lot Features | Lane |
|---|
| Parking Features | No Garage, See Remarks |
|---|
| Province | AB |
|---|---|
| City | Cold Lake |
| Postal Code | T9M1Y8 |
| Listing VS Median (in T9M1Y8) | |
Price: $719,900 low | high Med: $719,900 sqft: 2,199 low | high Med: 2,199 $ / sqft: $327 low | high Med: $327 On site: 149 low | high Med: 149 | |
| Province | AB |
|---|---|
| City | Cold Lake |
| Postal Code | T9M1Y8 |
| Listing VS Median (in T9M1Y8) | |
Price: $719,900 low | high Med: $719,900 sqft: 2,199 low | high Med: 2,199 $ / sqft: $327 low | high Med: $327 On site: 149 low | high Med: 149 | |