5617 46 Street, Lloydminster, Alberta T9V 1B5 (22245999)


LOADING

5617 46 Street Lloydminster, Alberta T9V 1B5

1755 sqft
Forced Air

$599,000

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:33386)

Property Details

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

Building

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

Parking pad

Land

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

https://www.realtor.ca/real-estate/22245999/5617-46-street-lloydminster

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