JN REAL ESTATE GROUP

NONE

LIST PRICE

$599,900

4908 54 Avenue , High Prairie · T0G 1E0

1,779 SQFT · BUILT 1993

MLS A2287491 · 142 DAYS ON MARKET

Interested in this home?

JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.

RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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 Include New SIDING on the FRONT + a FRESHLY Painted Deck. MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (2026 and 2022 Years Old) + Hot Water Tanks (2022 + 2023) + APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024). STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS. Add this CASH-FLOWING asset to your portfolio TODAY!!!

DETAILS

INTERIOR

LIVING AREA (SQFT)
1,779
FEATURES
Ceiling Fan(s) · Laminate Counters · Soaking Tub · Vinyl Windows
APPLIANCES
Dryer · Electric Stove · Range Hood · Refrigerator · Washer
FLOORING
Laminate · Tile · Vinyl Plank
BASEMENT
Full
BASEMENT DEVELOPMENT
Finished

BUILDING

TYPE
4 plex
STYLE
Attached-Up/Down · Bi-Level
YEAR BUILT
1993
CONSTRUCTION
Vinyl Siding · Wood Frame
ROOF
Asphalt Shingle
FOUNDATION
Poured Concrete

PARKING

TOTAL PARKING
8
PARKING
Alley Access · Common · Off Street · On Street · Outside · Parking Lot · Unpaved

LOT & EXTERIOR

LOT SIZE (SQFT)
6,092
LOT SIZE (ACRES)
0.14
LOT
Back Lane · Few Trees · Front Yard · Lawn · Level · Low Maintenance Landscape · Near Shopping Center · Rectangular Lot
EXTERIOR
Rain Gutters
PATIO & PORCH
Rear Porch
FENCING
None

COMMUNITY

COMMUNITY
NONE
COMMUNITY FEATURES
Park · Playground · Schools Nearby · Shopping Nearby · Sidewalks · Street Lights
ZONING
R3
POSTAL CODE
T0G 1E0

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
COOLING
None
UTILITIES
Electricity Connected · Natural Gas Connected · Phone Connected · Sewer Connected · Water Connected
ANNUAL TAXES
$3,816

LISTING COURTESY OF SIMON D. HUNT · RE/MAX HOUSE OF REAL ESTATE

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.