AB > Lacombe > College Heights
Lacombe, AB T4L1Z1,4718 College Avenue
Lacombe, AB T4L1Z1,4718 College Avenue
Lacombe, AB T4L1Z1,4718 College Avenue
Lacombe, AB T4L1Z1,4718 College Avenue
Lacombe, AB T4L1Z1,4718 College Avenue
Lacombe, AB T4L1Z1,4718 College Avenue
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Cindy Dooley

Cindy Dooley

+1(780) 298-6753
$ 669,000
Est. payment | /mo

3,527 SqFt

Save Virtual Tour
$ 669,000
Est. payment | /mo
Save Virtual Tour

3,527 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,527 sqft

Price per Sqft $189

Subdivision College Heights

MLS® Listing ID A2213994

Year Built 1971

Property Sub-Type Freehold

Property Description

This exceptional and fully tenanted 4-plex is ideally located just steps from the university in one of Lacombe's most desirable neighborhoods. With a solid rental history, thoughtful updates, and a unique layout, this property offers incredible flexibility—whether you're a seasoned investor looking for strong cash flow or a young family hoping to offset homeownership costs with rental income.Unit 1, the standout of the complex, is a spacious 3-bedroom, 2.5-bathroom home featuring an attached single garage, gas fireplace, large mud/laundry room with sink, jacuzzi tub, and updated carpet. Perfect for an owner-occupier, this unit provides the comfort and amenities of a single-family home with the added bonus of rental income from the three additional suites.Units 2, 3, and 4 offer a mix of functional layouts, including loft-style bedrooms and open floorplans, with shared access to a laundry area and large storage room. Updates include newer windows, modernized bathrooms, and forced-air or hot water baseboard heating. Unit 3 has new carpet in living room and primary bedroom. Unit 4 also includes its own attached garage and units 2 and 3 share the double car detached garage.Additional revenue comes from a separately rented motorhome garage. The building has been well cared for, with new siding and shingles completed approx. 7 years ago and updated electrical in the detached garage just two years ago.With all units currently rented, this property is a rare opportunity to own a high-performing asset with lifestyle flexibility. Whether you're investing or looking to live in your investment—this 4-plex delivers. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Forced air, Hot Water, Other

Flooring Carpeted, Linoleum, Tile

Fireplaces Number 1

Exterior

Parking Features Yes

Garage Spaces 3.0

Garage Description 3

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Lot Description Landscaped

Others

Ownership Freehold

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Listed by RE/MAX real estate central alberta
Cindy Dooley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(780) 298-6753

cdooleyrealestate@gmail.com

Unit 1400 - 10665 Jasper Ave, Edmonton, Alberta, T6N1M2, CAN

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4718 College Avenue