Courtesy Of Kelly Baker Of RE/MAX Platinum Realty

516 10 Street, Cold Lake, AB

$499,900

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9

Beds

4

Baths

1,803

Square feet

0.17

Acres

About 516 10 Street

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.

Features of 516 10 Street

MLS® # E4368588
Price $499,900
Bedrooms 9
Bathrooms 4.00
Full Baths 4
Square Footage 1,803
Acres 0.17
Year Built 1976
Type Single Family
Sub-Type 4PLEX
Style Bi-Level

Community Information

Address 516 10 Street
Area Cold Lake
Subdivision Cold Lake North
City Cold Lake
County ALBERTA
Province AB
Postal Code T9M 1A2

Amenities

Amenities Detectors Smoke, Hot Water Natural Gas, Storage-In-Suite, Walk-up Basement
Features Detectors Smoke, Hot Water Natural Gas, Storage-In-Suite, Walk-up Basement
Parking Spaces 4
Parking Rear Drive Access, See Remarks
Is Waterfront No
Has Pool No

Interior

Interior Linoleum, Vinyl Plank
Interior Features Refrigerator, Stove-Electric, Washer, Dryer
Heating Baseboard, Hot Water
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full, Walk-up, Fully Finished

Exterior

Exterior Composition
Exterior Features Back Lane, Flat Site, Fruit Trees/Shrubs, Landscaped, Playground Nearby, Schools, Shopping Nearby, Level Land, Low Maintenance Landscape, Public Transportation, See Remarks
Lot Description 54'x140'
Construction Wood Frame

School Information

Elementary Cold Lake Elementary
Middle Nelson Heights School
High Cold Lake High School

Additional Information

Date Listed January 1st, 2024
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Kelly Baker Of RE/MAX Platinum Realty

Listing Map

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