4537 50 Av Cold Lake, Alberta T9M 1Y8
$719,900
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:42336)
Property Details
| MLS® Number | E4491256 |
| Property Type | Single Family |
| Neigbourhood | Cold Lake South |
| Amenities Near By | Shopping |
| Features | Lane |
| Structure | Deck |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 10 |
| Appliances | Dishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove, Washer |
| Architectural Style | Bi-level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1977 |
| Construction Style Attachment | Attached |
| Heating Type | Forced Air |
| Size Interior | 2199 Sqft |
| Type | Fourplex |
Parking
| No Garage | |
| See Remarks |
Land
| Acreage | No |
| Land Amenities | Shopping |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom 5 | Measurements not available | ||
| Basement | Bedroom 6 | Measurements not available | ||
| Basement | Additional Bedroom | Measurements not available | ||
| Basement | Bedroom | Measurements not available | ||
| Main Level | Primary Bedroom | Measurements not available | ||
| Main Level | Bedroom 2 | Measurements not available | ||
| Main Level | Bedroom 3 | Measurements not available | ||
| Main Level | Bedroom 4 | Measurements not available |
https://www.realtor.ca/real-estate/29840414/4537-50-av-cold-lake-cold-lake-south
Interested?
Contact us for more information
Natalie C. Kelly
Associate
1 (780) 826-4877
www.bonnyvillerealty.com/
https://www.facebook.com/REMAX-Bonnyville-Realty-536847029673785/
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June 15 2026 06:01:49
REALTORS® Association of Edmonton
RE/MAX Bonnyville Realty