5617 46 Street Lloydminster, Alberta T9V 1B5

1755 sqft
Forced Air


One title and four units stand alone. Excellent investment opportunity! Live on one unit and rent the other three units!This fully renovated and upgraded, well maintained multi-family property, fourplex - condo style (4 stand alone apartments) it is a finished bi-level multi-family property, located conveniently to all amenities and contains 1 apartment of 1 bedroom and 3 apartments of 2 bedrooms, common area laundry with individual assigned washer dryers for each apartments, private assigned interior storages, property shed, and 4 parking stalls with plug-in.In may 2019 water on demand system has been installed ($5,500)Monthly rental income: $2,900. There is a guaranteed 4.5% CAP rate along with long term months lease agreements, great tenants and steady income. The residents are responsible for TV/cable, telephone and utilities (water and power)The property was renovated (over $75,000) which includes new roof, new eaves trough; new downspouts, new balconies - landing and railings, painting of exterior building and interior common area; dishwasher and washer-dryer for all units,and many upgrades mechanical and plumbing, painting, light fixtures, outlets, faucets, toilet bowls and flooring, tankless water heater. Each unit includes fridge, stove, hood-fan and window coverings. For the right buyers the seller will assist with the down payment portion (short term 2 years no interest). The title will be on the buyers name but the seller reserves the right to have a lien on the property until loan (down payment portion) will be fully paid (id:26237)

Property Details

MLS® Number A1024737
Property Type Multi-family
Amenities Near By Playground
Features See Remarks, Lane
Parking Space Total 4
Plan 1158 Ny


Appliances Refrigerator, Stove, Dryer, Window Coverings, Washer & Dryer
Basement Type Full
Constructed Date 1968
Fireplace Present No
Foundation Type Concrete
Heating Type Forced Air
Size Interior 1755 Sqft
Total Finished Area 1755 Sqft
Type Multi-family


Parking pad


Acreage No
Land Amenities Playground
Size Total Text Unknown
Zoning Description R4



Contact us for more information

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Khaled El Rafih

(403) 291-4440
(403) 250-3226

Cir Realty
#144, 1935 - 32 Avenue N.e.
Calgary, Alberta T2E 7C8

(403) 291-4440
(403) 250-3226

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