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

008

MLS® A2287491

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 1779 sqft
Garage 
Taxes 
Days Active 49
Lot Size 
Approx. Age 1993
Avg. Price Per Sqft $337
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 VINYL FLOORING + 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 Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1993
BasementFull
DrivewayAlley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

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

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