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$599,900
Alberta,High Prairie
For Sale Active
4908 54 Avenue, High Prairie, Alberta T0G1E0
  • 1,779 Sqft
Contact Seller

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Basic Details
Description

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) + New Board (2024) APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024).STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS.Add this CASH-FLOWING asset to your portfolio TODAY!!! (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: A2287491
  • Price: $599,900
  • Square Footage: 1,779 Sqft
  • Year Built: 1993
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 54517
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Finished, Full
  • Fence: Not fenced
  • Parking: Other, Street, Shared
  • Architectural Style: Bi-level
  • Exterior Features: Vinyl siding
  • Flooring: Tile, Laminate, Vinyl Plank
  • Utilities: Water, Natural Gas, Electricity, Sewer, Telephone
Address Map
  • Location: CA, Alberta, High Prairie, T0G1E0
  • Street: 54
  • Street Number: 4908
  • Street Suffix: Avenue
  • Longitude: W117° 30' 25.9''
  • Latitude: N55° 26' 2.5''
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 566.00
Financial
  • Tax Annual Amount: 3816.44
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Listing updated: 2026-06-14 03:53:46
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Listing Information
  • List Agent Key: 1471485
  • List Office Key: 54517
  • Modification Timestamp: 2026-06-13T13:55:00Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-06-13T13:46:35Z
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Listing updated: 2026-06-14 03:53:46
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