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Azra Bagga

ASSOCIATE BROKER, REALTORĀ®, ABR

  • Office 780-431-5615
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Courtesy Of Lyle Melanchuk Of 2% Realty Edge AB

4501 50 Ave, Cold Lake, AB – $538,000

  • $538k Price
  • 3 Beds
  • 4 Baths
  • 2,214 Sqft
  • $538k Price
  • 3 Beds
  • 4 Baths
  • 2,214 Sqft

4501 50 Ave

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.)

Essential Information

  • MLS® #E4181837
  • Price$538,000
  • Bedrooms3
  • Bathrooms4.00
  • Full Baths4
  • Square Footage2,214
  • Acres0.00
  • Year Built1978
  • TypeSingle Family
  • Sub-Type4PLEX
  • StyleBi-Level
  • StatusACTIVE

Community Information

  • Address4501 50 Ave
  • AreaCold Lake
  • SubdivisionCold Lake South
  • CityCold Lake
  • CountyALBERTA
  • ProvinceAB
  • Postal CodeT9M 1Y7

Amenities

  • FeaturesDeck, Detectors Smoke
  • Parking Spaces8

Parking

Off Street, On Street, See Remarks

Interior

  • HeatingForced Air-1
  • Has BasementYes
  • BasementFull, Fully Finished
  • # of Stories2

Interior

Ceramic Tile, Laminate Flooring, Vinyl Plank

Interior Features

Dryer, Refrigerator, Stove-Electric, Washer

Exterior

  • ExteriorStucco
  • RoofAsphalt Shingles
  • ConstructionWood Frame
  • FoundationConcrete

Exterior Features

Back Lane, Corner, Flat Site, Not Fenced, Schools, Shopping Nearby

Listing Details

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Courtesy Of Lyle Melanchuk Of 2% Realty Edge AB

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Courtesy Of Lyle Melanchuk Of 2% Realty Edge AB.

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

Copyright 2020 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on April 8th, 2020 at 11:46pm CDT.