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Property Description

Turn-key purpose-built 4-plex offering stable cash flow and major capital updates. This property features three 2-bedroom units and one 1-bedroom unit, each with private storage and energized parking stalls. Shared coin-operated laundry provides additional income potential.Separate power meters for each unit. Tenants pay electricity, while the owner pays water and gas, creating a simple and predictable operating structure.Significant improvements include new windows (2025), shingles (2017), and boiler & hot water tank (2019). Flooring has been updated over time, bathrooms partially refreshed in three units, and appliances replaced as needed. Well maintained with documented financials available.Situated on a 9,000+ sq.ft. lot with alley access in an established neighbourhood, this is a clean, stabilized multi-family asset ideal for both new and seasoned investors. (id:53430)

Building

Property Type:
Multi-Family
Building Type:
Multi-Family
Style:
Bi-level
Year Built:
1967
Stories:
1.0
Basement:
Finished, Full

Finished Areas

Interior Size (Total):
1712 square feet
Above Grade:
1712 square feet

Interior

Flooring:
Laminate, Carpeted, Linoleum, Vinyl Plank
Appliances:
Washer, Refrigerator, Stove, Dryer, Hood Fan

Parking

Spaces:
4

Lot / Land

Frontage:
23.77 meters

Exterior

Exterior Features:
Stucco, Wood siding
Construction:
Wood frame
Foundation:
Wood

Utilities & Mechanical

Heating:
Forced air, Natural gas

Fees & Dates

Property Taxes:
$2,901
Tax Year:
2025
Last Modified:
08/15/2026 01:20:06 PM
Status Change:
08/15/2026 01:11:31 PM

Association / Ownership

Common Interest:
Freehold

Location

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Listing offered by: RE/MAX OF LLOYDMINSTER

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