4904 51 Ave, Eckville, AB

Name: 4904 51 Ave, For Sale in Eckville - Zoocasa
Brand: Realty Executives Alberta Elite
SKU: A2317971
Price: 549777 CAD

House

For Sale

Listed price in listed location currency (CAD).

$549,777

004

MLS® A2317971

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size 2120 sqft

Garage Yes

Taxes $4,290

Days Active 0

Lot Size

Approx. Age 1979

Avg. Price Per Sqft $259

MLS® Number A2317971

Property Address: 4904 51 Ave, Eckville, AB, T0M0X0

Average square foot calculated using Size range provided by listing agent.

Description

Investor Alert: Turnkey Cash-Flow Monster with a 15% Cash-on-Cash Return! Smart investors know that true wealth is built on low vacancy, strong yields, and massive tenant retention, and this exceptional Eckville fourplex delivers on all three. Boasting a jaw-dropping 15% cash-on-cash return, this rock-solid building features an ideal revenue-generating mix of three massive 3-bedroom suites and one spacious 2-bedroom unit. Unlike cramped modern builds, this property offers incredible square footage and tons of "elbow room" that keeps tenants happy and staying long-term. In fact, two previous tenants loved living here so much they stayed for over 19 years, proving the ultimate stability of this asset. Situated on a massive, prime corner lot, the property offers abundant off-street and street parking, plus a detached single-car garage that provides an easy opportunity for extra monthly revenue or landlord storage. The heavy lifting has already been done for you, 8 brand-new appliances installed just this week, alongside a highly efficient boiler system and hot water tanks that have been consistently upgraded over the years. Location is everything for a stress-free rental, and Eckville boasts an incredibly tight, near-zero vacancy rate hovering around 1%. Tenants will love being within walking distance to local shopping and restaurants, while commuters enjoy effortless highway access—just a quick 20-minute drive to the booming lakeside community of Sylvan Lake, 30 minutes to Rocky Mountain House, and an easy 40 minutes into Red Deer. If you are looking for an affordable, high-yielding addition to your portfolio where the numbers actually make sense from day one, this is the pride-of-ownership building you’ve been waiting for.

MLS® NumberA2317971

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1979

Basement

DrivewayOff Street, Single Garage Detached

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Map

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