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4501 50 Ave Cold Lake, Alberta T9M 1Y7

3 Bedroom 4 Bathroom 205.66 m2
Bi-Level Forced Air

$538,000

This property is a very good investment. Premium condition and all 4 suites are rented with good tenants. Rent: Each suite is $1250 per month Gross rent is 5000.00 per month ($60,000) per year Utilities: Natural gas $3800.00 Electricity: $6100.00 Water, Sewer, Garbage: is $3625.00 Property Insurance: $3105.00 Taxes: $4551.41 (2019) Total Expenses = $21,117.00 Net operating income is 38,838.00 These figures are based on current rents. This assumes self management Analysis is based on actual prior 12 months Effective Cap rate is 7.1 Documents on file: Real Property Report and Compliance Certificate Each unit boasts approximately 1105 sqft. of living area. ( Inclues lower area.) (id:29935)

Property Details

MLS® Number E4181837
Property Type Single Family
Neigbourhood Cold Lake South
Amenities Near By Schools, Shopping
Features Corner Site, Flat Site, Lane
Parking Space Total 8
Structure Deck

Building

Bathroom Total 4
Bedrooms Total 3
Appliances Dryer, Refrigerator, Stove, Washer
Architectural Style Bi-level
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1978
Construction Style Attachment Attached
Fire Protection Smoke Detectors
Fireplace Present No
Heating Type Forced Air
Size Interior 205.66 M2
Type Fourplex

Parking

Street
See Remarks

Land

Acreage No
Land Amenities Schools, Shopping
Size Irregular 36.84
Size Total 36.84 M2
Size Total Text 36.84 M2

Rooms

Level Type Dimensions
Lower Level Master Bedroom
Lower Level Bedroom 2
Lower Level Storage
Lower Level Laundry Room
Upper Level Living Room
Upper Level Dining Room
Upper Level Kitchen
Upper Level Bedroom 3

https://www.realtor.ca/real-estate/21393453/4501-50-ave-cold-lake-cold-lake-south

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