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!! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
15.2 x 37.2 m
Amenities Nearby
Park, Playground, Schools, Shopping
Features
Back lane, PVC window, Level
Listing Contract Date
2026-02-25
Municipal ID
0024537277
Ownership Type
Freehold
# of Parking Spaces
8
Plan
4267TR
Property Type
Multi-family
Transaction Type
For sale
Total Buildings
1
Zoning Description
R3
Building
Appliances
Washer, Refrigerator, Stove, Dryer, Hood Fan
Architectural Style
Bi-level
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1993
Construction Material
Wood frame
Cooling Type
None
Exterior Finish
Vinyl siding
Fire Protection
Smoke Detectors
Flooring Type
Laminate, Tile, Vinyl Plank
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Total Finished Area
1779.38 sqft
Type
Multi-Family
Parking Spaces
Name
Spaces
Shared
Other
Street
Utilities
Type
Description
Electricity
Connected
Natural Gas
Connected
Telephone
Connected
Sewer
Connected
Water
Connected
Land
Total Size
566 square meters
Amenities
Park, Playground, Schools, Shopping
Fence Type
Not fenced
Landscape Features
Lawn
Size of Irregular Land
566.00
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