$599,900.00 0 Sq.ft

4908 54 Avenue , High Prairie. T0G 1E0

Description

Investor ALERT in High Prairie!! Featuring an INCREDIBLE 11.3% Cap Rate + STRONG Cash Flow + SOLID UPGRADES throughout!! 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!!

Listing Information

Prop. Type:Multi-Family
Status:Active
MLS #:A2287491
City:High Prairie
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.14 Acre
Listing Price:$599,900.00
Lease Rate: $0.00
Business Type:
Property Subtype:4 plex
Transaction Type:For Sale
Land Use Code:R3
Listing Contract Date:2026-02-25

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX House of Real Estate" listing brokerage.

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