Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
Listing photo for 4501 50 Ave, Cold Lake, AB
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Courtesy of Lyle Melanchuk of 2% Realty Edge AB

4501 50 Ave,

Cold Lake, AB

$538,000

3 Beds
4 Baths
2,214 Sqft

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.)

Facts & Features
MLS® # E4181837
Price $538,000
Bedrooms 3
Bathrooms 4.00
Full Baths 4
Square Footage 2,214
Acres 0.00
Year Built 1978
Type Single Family
Sub-Type 4PLEX
Style Bi-Level
Status ACTIVE
Community Information
Address 4501 50 Ave
Area Cold Lake
Subdivision Cold Lake South
City Cold Lake
County ALBERTA
Province AB
Postal Code T9M 1Y7
Amenities
Features Deck, Detectors Smoke
Parking Spaces 8
Parking Off Street, On Street, See Remarks
Is Waterfront No
Has Pool No
Interior
Interior Ceramic Tile, Laminate Flooring, Vinyl Plank
Interior Features Dryer, Refrigerator, Stove-Electric, Washer
Heating Forced Air-1
Has Basement Yes
Basement Full, Fully Finished
Fireplace No
# of Stories 2
Exterior
Exterior Stucco
Exterior Features Back Lane, Corner, Flat Site, Not Fenced, Schools, Shopping Nearby
Roof Asphalt Shingles
Construction Wood Frame
Foundation Concrete
Listing Details
Listing Agent and Office Courtesy of Lyle Melanchuk of 2% Realty Edge AB
Photo of Mike Alexander

Mike Alexander

Office: 780-467-7334
Cell: 780-235-7355

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

Listing information last updated on March 31st, 2020 at 11:16pm CDT.

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