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10 Beds
4 Baths
2,199 sqft

C$719,900

4537 50 AV, Cold Lake AB, T9M 1Y8

Price per sqftC$327.38
Built in1977
Property size2,199 sqft
Property typeMulti-family
Courtesy of RE/MAX Bonnyville Realty, Natalie C Kelly Listing Contact: +1 780-812-0439

Overview

Active

Listed Jun 2, 2026

Updated Aug 29

Calling All Investors! Don't miss this exceptional opportunity to own a well-maintained & updated 4-plex in a prime location near downtown Cold Lake. Four fully developed 3-bedroom units, this income-generating property is truly rental revenue ready. Each unit comes complete with appliances, in-suite laundry & a private deck with convenient under-deck storage. Recent renovations in three of the units include flooring, paint, kitchens, 4-piece bathrooms, light fixtures & more. Building improvements completed over the past 12 years include windows, sliding patio doors, shingles & vinyl siding. Tenants will appreciate the added convenience of south-side parking accessible from the back alley, along with the property's proximity to Main Street amenities, including shopping, restaurants, banking & everyday services. Rented and generating steady income with a cap rate of nearly 8%, this turnkey investment property is an excellent addition to any portfolio. Take advantage of this profitable opportunity today!

Additional information

MLS® ID
E4491256

Interior Features

Bedrooms
10
Bathrooms
4
Heating
Yes
Basement
Yes

Courtesy of RE/MAX Bonnyville Realty, Natalie C Kelly

Listing Contact: +1 780-812-0439 

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Data last updated: 10/24/2026 @ 12:20 PM UTC 

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