MLS®: A2287491 - High Prairie Attached-Up/Down,Bi-Level $599,900

  • Address: 4908 54 Avenue
  • Size: 1,779 sq.ft.
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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!!

MLS®: A2287491 - High Prairie Attached-Up/Down,Bi-Level $599,900

  • Address: 4908 54 Avenue
  • Size: 1,779 sq.ft.
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Includes: 4 Electric Stoves, 4 Refrigerators, 4 Hood Fans, 1 Ceiling Fan, 2 Washers, 2 Dryers

Site Influences: Back Lane, Few Trees, Front Yard, Lawn, Level, Low Maintenance Landscape, Near Shopping Center, Rectangular Lot

Property Information

Property Type: 4 plex

Home Style: Attached-Up/Down,Bi-Level

Year Built: 1993

Total Floor Area: 1,779 sq. ft.

Brokerage: RE/MAX House of Real Estate

Listed Date: Please login or create an account

Community Information

City/Town: High Prairie

Community: High Prairie

Exterior

Lot Size: 0.14 sq.ft.

Lot Shape: Back Lane,Few Trees,Front Yard,Lawn,Level,Low Maintenance Landscape,Near Shopping Center,Rectangular Lot

Exterior: Vinyl Siding, Wood Frame

Frontage: 15.20M 49`10"

Roof: Asphalt Shingle

Parking: Alley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved

Interior

Basement: Full

Floor Finish: Laminate, Tile, Vinyl Plank

Rooms

Total Bedrooms: 0 (Bedrooms Above: 0)

Bathrooms: Full: 0 / Half: 0

Above Grade: 0

Legal, Financial & Possession

Zoning: R3

Tax: 3587.94

Possession: 30 Days / Neg

Listing Courtesy of RE/MAX House of Real Estate

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®: A2287491 - High Prairie Attached-Up/Down,Bi-Level $599,900

  • Address: 4908 54 Avenue
  • Size: 1,779 sq.ft.
  • 0
  • 0
  • Other

Listing Courtesy of RE/MAX House of Real Estate

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.