516 10 St, Cold Lake, Alberta T9M 1A2

$499,900
516 10 ST
19
Description

This 4 plex home has 2-3 bedroom units, 1-2 bedroom unit, & 1-1 bedroom unit. All the units have long term tenants; one 3 bedroom at $1250, one at $1100, the 2 bedroom at $1100, and the 1 bedroom at $1000. The 3 bedroom units could easily be increased to $1300 & $1200 & with the storage increase in rent, the rent would be $4800 per month [presently $4600], or $57,600 per year. The two 3 bedroom units are approximately 900sqft. each; the 2 bedroom approximately 800sqft. & the 1 bedroom 600sqft. There is also a 480sqft. storage shed, attached to the building, which is rented out for $150, increasing to $200/month. The 4 plex is 1/2 a block from the lake & between the Cold Lake Marina & the Kinosoo Beach Splash Park, making it an ideal location for tenants. [The shingles were replaced around 2011; hot water tank 2015; boiler 2014]. There are 4 electric parking stalls. Each unit has a stove & fridge. (id:42720)

Address: 516 10 ST
Address Line1: 516 10 ST
City: cold lake
Province: Alberta
Postal Code: T9M1A2
Country: Canada
Neighbourhood: Cold Lake North
Price: $499,900
Bedrooms: 9
Bathrooms: 4
MLS ID: E4368588
Ammenities Near By: Playground, Public Transit, Schools, Shopping
Lease: 0.00
Listing Contract Date: 2024-01-01
Ownership Type: Freehold
Parking Space Total: 4
Property Type: Single Family
Appliances: Dryer, Refrigerator, Stove, Washer
Architectural Style: Bi-level
Basement Development: Finished
Basement Type: Full (Finished)
Constructed Date: 1976
Construction Style Attachment: Attached
Fire Protection: Smoke Detectors
Fireplace Present: False
Heating Type: Baseboard heaters, Hot water radiator heat
Size Interior: 167.5 m2
Type: Fourplex
Size Total: 699 m2
Size Total Text: 699 m2
Acreage: false
Land Amenities: Playground, Public Transit, Schools, Shopping
Size Irregular: 699
Parking: Rear, See Remarks
Custom Listing: 0
Board: 10
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