3,527 SqFt
3,527 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 3,527 sqft
Price per Sqft $219
Subdivision College Heights
MLS® Listing ID A2213994
Style 2 Storey
Originating Board Central Alberta
Year Built 1971
Annual Tax Amount $5,877
Tax Year 2024
Property Sub-Type 4 plex
Property Description
Unit 1 is a spacious 3-bedroom, 2.5-bathroom unit with an attached single garage, gas fireplace, large laundry room with sink, and updated carpet. Units 2, 3, and 4 offer a variety of layouts including loft-style bedrooms and open floorplans, each with 1–2 bedrooms and shared access to a laundry room and large storage area. Unit 2 includes updated windows and bathroom finishes, while Unit 4 features an attached single garage, updated bathroom, and forced-air heating. Units 1–3 are heated with hot water baseboards.
The property also includes a detached, heated double garage—split between units 2 and 3—and a separately rented motorhome garage, providing additional revenue potential. Electrical in the detached garage was updated just two years ago, and the entire building received new shingles and siding approximately seven years ago, reducing future maintenance concerns.
Each unit is currently rented, minimizing vacancy risk and ensuring immediate income for the new owner. With functional updates, strong tenant appeal, and extra rental components, this 4-plex is a rare find in a growing community. Don't miss this opportunity to add a high-performing asset to your portfolio.
Location
Province AB
County Lacombe
Zoning R4
Rooms
Basement Partial
Interior
Interior Features Ceiling Fan(s), Storage
Heating Forced Air, Hot Water, Varies by Unit
Flooring Carpet, Linoleum, Tile
Fireplaces Number 1
Fireplaces Type Gas, Living Room
Inclusions Refrigerator (x4), Stive (x4), Washer (x2), Dryer (x2), Garage Controls (x3) Garage Remotes (x4), Shed
Appliance Garage Control(s), Refrigerator, Stove(s), Washer/Dryer
Exterior
Parking Features Double Garage Detached, RV Garage, Single Garage Attached
Garage Spaces 5.0
Garage Description Double Garage Detached, RV Garage, Single Garage Attached
Community Features Playground, Schools Nearby, Street Lights, Walking/Bike Paths
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Lot Description Landscaped
Foundation Poured Concrete
Architectural Style 2 Storey
Structure Type Vinyl Siding
Others
Restrictions None Known
Tax ID 93812139
Ownership Private
Virtual Tour https://unbranded.youriguide.com/4718_college_ave_lacombe_ab/