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:65883)
Property Summary
Property Type
Single Family
Building Type
Fourplex
Square Footage
2,199 sqft
Title
Freehold
Built in
1977
Parking Type
No Garage
Time on Edmonton
2 months ago
Legal Description
Plan :- ZZ999999999
Building
Bathrooms
Total
4
Interior Features
Appliances Included
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo