4537 50 Avenue, Cold Lake, AB, T9M 1Y8
Courtesy of Natalie C Kelly of RE/MAX Bonnyville Realty
$719,900MLS® # E4491256
House For Sale In Cold Lake, Alberta
10
Bedrooms
4
Baths
Property Information:
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!
Building Features:
- Floor Space: 204.29
Property Features:
- Bedrooms: 4+6
- Bathrooms: 4
- Amenities Features: Off Street Parking, Deck
- Appliances: Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer
- Architectural Style: Bi-Level
- Basement: Full, Finished
- Basement Development: Fully Finished
- Basement Type: Full
- Building Type: Fourplex
- Built in: 1977
- Community Features: Off Street Parking, Deck
- Exterior Features: Back Lane, Landscaped, Shopping Nearby
- Floor Space (approx): 204.29 Square Metres
- Flooring: Ceramic Tile, Linoleum, Vinyl Plank
- Foundation Details: Concrete Perimeter
- Heating: Forced Air-1, Natural Gas
- Lot Shape: Rectangular
- Parking Features: No Garage, See Remarks
- Road Access: Paved
- Roof: Asphalt Shingles
- Site Influences: Back Lane, Landscaped, Shopping Nearby
- Zoning: Zone 60
Courtesy of: RE/MAX Bonnyville Realty
Data was last updated 2026-06-15 at 07:39
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