For Sale: 4908 54 Avenue, High Prairie, AB - REW
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$599,900
0 bd • ba • 1780 sf • Fourplex
4908 54 Avenue
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$599,900
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4908 54th AvenueHigh Prairie, AB, T0G 1E0

  • 0 Bed
  • Bath
  • 1780 Sqft
  • Fourplex

About this home

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 (2026 and 2022 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!!!
Listed by: Simon D. Hunt, RE/MAX House of Real Estate

Home facts and features

Price details
List Price
$599,900
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Lot Size
6099 ft²
Frontage
49.87 ft
Year Built
Built in 1993 (33 yrs old)
Style
Attached-Up/Down,Bi-Level
Heating Type
Forced Air,Natural Gas
Basement Details
Full
Features
Back Lane, Ceiling Fan(s), Common Area, Electric Dryer Hookup, Few Trees, Front Yard, In Hall, Laminate Counters, Lawn, Level, Low Maintenance Landscape, Multiple Locations, Near Shopping Center, Park, Rain Gutters, Rectangular Lot, Schools Nearby, Sidewalks, Soaking Tub, Street Lights, Vinyl Windows, Washer Hookup
Amenities
Playground, Shopping Nearby
Appliances
Dryer, Range Hood, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
RE/MAX House of Real Estate
Listing details
Days on REW
102 Days
Property Views
48
MLS® Number
A2287491
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

Hillview School
  • n/a
  • -
St. Francis Holistic Learning Centre
  • n/a
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Prairie River Junior High School
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E. W. Pratt High School
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High Prairie Elementary School
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Prairie View Outreach School
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St. Andrew's School
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Call Agent
Simon Hunt
Phone:
(403) 850-5502
Office:
403-287-3880
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