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  • 5617 46 Street in Lloydminster: Lloydminister 4 plex for sale : MLS®# A1024737

    5617 46 Street Lloydminister Lloydminster T9V 1B5
    Main Photo: 5617 46 Street in Lloydminster: Lloydminister 4 plex for sale : MLS®# A1024737
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    $599,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A1024737
    Floor Area:
    1,755 sq. ft.
    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 More details
    Listed by Khaled El Rafih of CIR REALTY
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Data was last updated October 27, 2020 at 04:05 AM (UTC)
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