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Listed price in listed location currency (CAD).
$599,900

008

MLS® A2287491

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3558 sqft
Garage No
Taxes 
Days Active 2
Lot Size 0.14 acres
Approx. Age 1993
Avg. Price Per Sqft $168
MLS® Number A2287491

Property Address: 4908 54 Ave, High Prairie, AB, T0G1E0

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

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 Engineered Hardwood + Tiled flooring throughout, NEWER Windows + Doors, NEWER Vanities, + EXTERIOR IMPROVEMENTS booked for April!! MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (15 and 4 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!!
MLS® NumberA2287491
Laundry LevelCommon Area, Electric Dryer Hookup, In Hall, Multiple Locations, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1993
BasementFull
DrivewayAlley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

4 Electric Stoves, 4 Refrigerators, 4 Hood Fans, 1 Ceiling Fan, 2 Washers, 2 Dryers

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 25, 2026List Date
$599,900List Price
  • Commute

Commute

Starting Address
Destination Address
4908 54 Ave, High Prairie, AB

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