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+3 more

5619 46 Street, Lloydminster, Alberta

$589,900

About 5619 46 Street

Turn-key purpose-built 4-plex offering stable cash flow and major capital updates. This property features three 2-bedroom units and one 1-bedroom unit, each with private storage and energized parking stalls. Shared coin-operated laundry provides additional income potential.

Separate power meters for each unit. Tenants pay electricity, while the owner pays water and gas, creating a simple and predictable operating structure.

Significant improvements include new windows (2025), shingles (2017), and boiler & hot water tank (2019). Flooring has been updated over time, bathrooms partially refreshed in three units, and appliances replaced as needed. Well maintained with documented financials available.

Situated on a 9,000+ sq.ft. lot with alley access in an established neighbourhood, this is a clean, stabilized multi-family asset ideal for both new and seasoned investors.
