Property Details for MLS® # A2287491
4908 54 Avenue, High Prairie
Attached-up/down 4 plex for Sale
- MLS®#: A2287491
- Size: 0.14 acres
- Price: $599,900
- Status: Active
- Year Built: 1993
Investor ALERT in High Prairie!! Featuring an INCREDIBLE 11.3% Cap Rate + STRONG Cash Flow + SOLID UPGRADES throughout!! This WELL-MAINTAINED Bi-level 4-Plex sits on a LARGE 6,092 Sq Ft lot and offers 3,558 Sq Ft of Total Developed LIVING SPACE. Designed for CONSISTENT Rental Demand and EASE of Management, this TURN-KEY opportunity delivers both excellent upside and LONG-TERM stability. The property features 4 RENTED units generating a total MONTHLY INCOME of $4,825. The 2 top-floor units each offer 756 Sq Ft, while the 2 lower units each provide 646 Sq Ft — a FUNCITONAL layout that supports STRONG OCCUPANCY and STEADY CASH FLOW!!! This property has had LOTS OF WORK put into it - w/SIGNIFICANT Updates + MAJOR Improvements already completed, making it a STRONG, LOW-MAINTENANCE investment opportunity!!! Shingles Replaced 2013, NEWER VINYL FLOORING + Tiled flooring throughout, NEWER Windows + Doors, NEWER Vanities, + EXTERIOR IMPROVEMENTS booked for April!! MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (15 and 4 Years Old) + Hot Water Tanks (2022 + 2023) + New Board (2024) APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024). STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS. Add this CASH-FLOWING asset to your portfolio TODAY!!
Contact Dan Salloum About MLS® A2287491
Dan Salloum, 403-807-0366 at RE/MAX HOUSE OF REAL ESTATE, 4034-16 st SW, Calgary, Alberta, T2T-4H4
property information
- Property Type: 4 plex
- MLS®#: A2287491
- Style: Attached-Up/Down,Bi-Level
- Year Built: 1993
- Lot Shape: Back Lane,Few Trees,Front Yard,Lawn,Level,Low Maintenance Landscape,Near Shopping Center,Rectangular Lot
- Total Floor Area: 1,779 sq.ft
Community Information
- Neighbourhood: High Prairie
- City: High Prairie
- Postal Code: T0G 1E0
interior
- Included: 4 Electric Stoves, 4 Refrigerators, 4 Hood Fans, 1 Ceiling Fan, 2 Washers, 2 Dryers
- Basement: Full, Full
- Floor Finish: Laminate, Tile, Vinyl Plank
exterior
- Exterior Features: Back Lane, Few Trees, Front Yard, Lawn, Level, Low Maintenance Landscape, Near Shopping Center, Rectangular Lot
- Exterior Finish: Vinyl Siding, Wood Frame
- Roof: Asphalt Shingle
- Frontage: 15.20M 49`10" metres
services & amenities
- Parking: Alley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved
- Heating: Forced Air,Natural Gas
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