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