4908 54 Avenue, High Prairie

Attached-up/down 4 plex for Sale

4908 54 Avenue, High Prairie, MLS® # A2287491
  • MLS®#: A2287491
  • Size: 0.14 acres
  • Price: $599,900
  • Status: Active
  • Year Built: 1993
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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!!

Contact Dan Salloum About MLS® A2287491

Required Field

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
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Community Information

  • Neighbourhood: High Prairie
  • City: High Prairie
  • Postal Code: T0G 1E0
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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
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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
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services & amenities

  • Parking: Alley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved
  • Heating: Forced Air,Natural Gas
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$599,900

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Listing Courtesy of
RE/MAX House of Real Estate
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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