Address
4908 54 Avenue, High Prairie, AB
Price
$ 599,900
Property Attributes
- ID#A2287491
- TypeMulti-Family
- Listing Status Active
- CityHigh Prairie
- Postal CodeT0G 1E0
- StyleAttached-Up/Down,Bi-Level
- Year Built1993
- Price$ 599,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1779
- Lot Size0.139853 Acres
Data Source:
Pillar 9 Technologies
Property 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) + APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024). STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS. Add this CASH-FLOWING asset to your portfolio TODAY!!!
| Price History | |
|---|---|
| 2/25/2026 | Listed $599,900 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Cooling | None |
| Utilities | Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
| Roof | Asphalt Shingle |
| Appliances | Dryer,Electric Stove,Range Hood,Refrigerator,Washer |
| Zoning | R3 |
| Restrictions | None Known |
| Year Built | 1993 |
| Architectural Style | Attached-Up/Down,Bi-Level |
| Community Features | Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights |
| Township | 74 |
| Levels | Bi-Level |
| Property Subtype | 4 plex |
| Transaction Type | For Sale |
| Section | 26 |
| County | Big Lakes County |
| Property Type | Multi-Family |
| Subdivision Name | NONE |
| Parking Total | 8 |
| Construction Materials | Vinyl Siding,Wood Frame |
| Status | Active |
| City | High Prairie |
| Quarter | SE |
| Basement Development | Finished |
| Structure Type | Four Plex |
| Standard Status | Active |
Interior Features
| Interior Features | Ceiling Fan(s),Laminate Counters,Soaking Tub,Vinyl Windows |
|---|---|
| Basement | Full |
| Flooring | Laminate,Tile,Vinyl Plank |
| Furnished Y/N | Unfurnished |
| Range | 17 |
| Basement Features | None |
| Below Grade Finished Area | 1602.40 |
| Below Grade Finished Area Unit Type | SquareFeet |
| Laundry Features | Common Area,Electric Dryer Hookup,In Hall,Multiple Locations,Washer Hookup |
| Main Level Finished Area | 1779.38 |
| Main Level Finished Area Metres | 165.31 |
| Main Level Finished Area SF | 1779.38 |
| Main Level Finished Area Srch Sq | 1779.38 |
| Main Level Areas | SquareFeet |
Exterior Features
| Exterior Features | Rain Gutters |
|---|---|
| Lot Features | Back Lane,Few Trees,Front Yard,Lawn,Level,Low Maintenance Landscape,Near Shopping Center,Rectangular Lot |
| Fencing | None |
| Inclusions | 4 Electric Stoves,4 Refrigerators,4 Hood Fans,1 Ceiling Fan,2 Washers,2 Dryers |
| Parking Features | Alley Access,Common,Off Street,On Street,Outside,Parking Lot,Unpaved |
| Frontage Length | 15.20M 49`10 |
| Foundation | Poured Concrete |
| Lot Size Acres | 0.14 |
| West Meridian | 5 |
| Lot Size Square Feet | 6092 |
| Frontage Ft | 49.87 |
| Patio And Porch Features | Rear Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in T0G 1E0
Price
Year Built
Visits
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.