1-8, 4504 56A Avenue , Lloydminster. T9V 1A1
Description
This 8-suite apartment rental building is just the opportunity you have been looking for. There are 5 (2 bedroom) units and 3 (1 bedroom) unit in the building. This building has been well maintained over the years with improvements and upgrades to the heating system, added insulation in attic space, PVC windows, metal roofing- three suites have been renovated over the last few years, with one suite undergoing an entire makeover in the last 2 years. The building has two units that have been rented as Airbnb short term rentals with the balance of the units rented on monthly rental agreement. This is a well-managed building that generated total income from July 1, 2024- June 30, 2025, at $141,229.45 - after airBnb cleaning/hallway cleaning, snow removal and lawn care, property management, garbage, building insurance, property tax, utilities and repair and maintenance this building generated a total revenue of 80,073.00. Located in a quiet residential neighborhood, surrounded by a stable residential subdivision, this 8 suite building is a perfect investment that requires minimal effort to maintain.
Listing Information
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Listing MLS#:A2273578
1-8, 4504 56A Avenue ,
Lloydminster. T9V 1A1
Liang Commercial Real Estate
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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "MUSGRAVE AGENCIES" listing brokerage.
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