Real estate on your terms®
$719,900
active
4537 50 Avenue
Cold Lake
,
AB
T9M1Y8
Key Details
- MLS® Number:
- E4491256
- Building Type:
- Fourplex
- Interior Size:
- 2199 square feet
- Bedrooms:
- 10
- Parking Features:
- No Garage, See Remarks
- Attached:
- Yes
Property 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:53430)
Building
- Property Type:
- Fourplex
- Building Type:
- Fourplex
- Style:
- Bi-level
- Year Built:
- 1977
- Bedrooms:
- 10
- Bathrooms (total):
- 4.0
- Basement:
- Finished, Full
Finished Areas
- Interior Size (Total):
- 2199 square feet
Interior
- Appliances:
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
Parking
- Features:
- No Garage, See Remarks
Lot / Land
- Lot Features:
- Lane
Utilities & Mechanical
- Heating:
- Forced air
Fees & Dates
- Last Modified:
- 06/15/2026 06:10:00 AM
- Status Change:
- 06/15/2026 06:01:49 AM
Association / Ownership
- Common Interest:
- Freehold
Room Dimensions
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Main level | - |
| Bedroom 2 | Main level | - |
| Bedroom 3 | Main level | - |
| Bedroom 4 | Main level | - |
| Bedroom 5 | Basement | - |
| Bedroom 6 | Basement | - |
| Additional bedroom | Basement | - |
| Bedroom | Basement | - |
Location
Data is supplied by Pillar 9 MLS® System. Pillar 9 is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
