Presented by: Natalie C Kelly of RE/MAX Bonnyville Realty.
MLS® # E449125606/2/2026
Home Details
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!Features for 4537 50 Avenue
General
MLS® #
E4491256
Price
$719,900
Square Footage
2,199
Year Built
1977
Type
Single Family
Sub-Type
Quadruplex
Style
Bi-Level
Neighbourhood
Cold Lake South
City
Cold Lake
Province
AB
Postal Code
T9M 1Y8
Bedrooms
Total Bedrooms
10
Bedrooms Above Grade
4
Bathrooms
Full Bathrooms
4
Half Bathrooms
0
Total Bathrooms
4
Interior Features
Appliances
Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer
Heating
Forced Air-1, Natural Gas
Fireplace
No
Basement
Full, Finished
Amenities
Amenities
Off Street Parking, Deck
Parking
No Garage, See Remarks
Exterior Features
Exterior
Back Lane, Landscaped, Shopping Nearby
Roof
Asphalt Shingles
Foundation
Concrete Perimeter
Construction Materials
Wood, Stucco, Vinyl
Additional Information
Zoning
Zone 60
Ownership
Private
Restrictions
Phone Listing Broker
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