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10 Beds
4 Baths

C$719,900

4537 50 AV, Cold Lake Alberta, T9M1Y8

Built in1977
Property typeOther
Courtesy of Natalie Kelly with RE/MAX Bonnyville Realty

Overview

Active

Listed Jun 2, 2026

Updated 3 days ago

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:41202)

Additional information

MLS® ID
E4491256

Interior Features

Bedrooms
10
Bathrooms
4
Heating
Yes
Basement
Yes

Courtesy of Natalie Kelly with RE/MAX Bonnyville Realty

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