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5617 46 Street Lloydminster, Alberta T9V 1B5

2 Bedroom 4 Bathroom 1755 sqft
Bi-Level None Forced Air Landscaped

$579,900

This is an excellent investment opportunity! Live in one unit and rent the other three units!One title and four units stand alone! For the right buyers, especially first-time buyers, the seller will assist with the down payment (short term, reimbursable in 2 years / Canada prime rate minus 0.25).The title will be on the buyers name, but the seller reserves the right to have a lien on the property until the down payment will be fully paid. 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 apartment, private assigned interior storages, property shed, and 4 parking stalls with plug-in. In May 2019, a commercial water on demand system was installed. The monthly rental income is $2,900. There is a guaranteed 5.5% 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 renovation cost over $75,000, which includes new roof, new eavestrough; 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 a fridge, stove, hood-fan, and window coverings. The property is tenant occupied and appointments for view will be required as tenants should be notified according to RTA. There are no fire orders, bylaw infractions or/and lean on the property. Photos or/and video are not permitted during the showings (id:39082)

Property Details

MLS® Number A1070302
Property Type Single Family
Community Name West Lloydminster City
Amenities Near By Park, Playground
Features Back Lane, Level
Parking Space Total 4
Plan 1158 Ny

Building

Bathroom Total 4
Bedrooms Above Ground 2
Bedrooms Total 2
Appliances Washer, Refrigerator, Stove, Dryer, Hood Fan, Window Coverings
Architectural Style Bi-level
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1968
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco, Wood Siding
Flooring Type Ceramic Tile, Laminate
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1755 Sqft
Total Finished Area 1755 Sqft
Type House
Utility Water Municipal Water

Parking

Parking Pad

Land

Acreage No
Fence Type Not Fenced
Land Amenities Park, Playground
Landscape Features Landscaped
Size Irregular 0.24
Size Total 0.24 Ac|7,251 - 10,889 Sqft
Size Total Text 0.24 Ac|7,251 - 10,889 Sqft
Zoning Description R4

Rooms

Level Type Dimensions
Main Level Other 3.66 M x 2.84 M
Main Level Bedroom 3.10 M x 3.05 M
Main Level Primary Bedroom 3.61 M x 3.53 M
Main Level Living Room 4.67 M x 3.71 M
Upper Level 4pc Bathroom Measurements not available
Upper Level 4pc Bathroom Measurements not available
Upper Level 4pc Bathroom Measurements not available
Upper Level 4pc Bathroom Measurements not available

https://www.realtor.ca/real-estate/22824065/5617-46-street-lloydminster-west-lloydminster-city

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