4908 54 AVE High Prairie, AB T0G 1E0

UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1779.38
Square Footage 1,779 sqft
Price per Sqft $337
MLS Listing ID A2287491
Style Attached-Up/Down,Bi-Level
HOA Y/N No
Year Built 1993
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 plex
Property Description
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 (15 and 4 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!!
Location
Province AB
Community Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Zoning R3
Rooms
Basement None, Full, Finished
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Soaking Tub, Vinyl Windows
Heating Forced Air, Natural Gas
Cooling None
Flooring Laminate, Tile, Vinyl Plank
Inclusions 4 Electric Stoves, 4 Refrigerators, 4 Hood Fans, 1 Ceiling Fan, 2 Washers, 2 Dryers
Furnishings Unfurnished
Fireplace Yes
Appliance Dryer, Electric Stove, Range Hood, Refrigerator, Washer
Laundry Common Area, Electric Dryer Hookup, In Hall, Multiple Locations, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Parking Features Alley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved
Fence None
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Asphalt Shingle
Porch Rear Porch
Total Parking Spaces 8
Garage No
Building
Lot Description Back Lane, Few Trees, Front Yard, Lawn, Level, Low Maintenance Landscape, Near Shopping Center, Rectangular Lot
Dwelling Type Four Plex
Story Bi-Level
Foundation Poured Concrete
Architectural Style Attached-Up/Down, Bi-Level
Level or Stories Bi-Level
Others
Restrictions None Known
NEARBY SCHOOL & BUSINESS




