WEST LLOYDMINSTER

5619 46 Street , Lloydminster, AB

$599,900

Multi-Family · MLS® A2311634

1,712Sq Ft

4Garage

1967Year Built

02 / Overview

PROPERTY OVERVIEW

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...

03 / Details

PROPERTY DETAILS

Property TypeMulti-Family

Building TypeFour Plex

Total Finished Area1,712 sq ft

ZoningMDR

HeatingForced Air • Natural Gas

ParkingStall

BasementFull

Year Built1967

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$238After mortgage & expenses

Cap Rate4.9%Based on market rents

Cash on Cash Return2.4%With 20% down payment

Est. Monthly Rent$2,996Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

WEST LLOYDMINSTER

Loading map...

Investment ScoreN/A

Avg Home PriceN/A

Active ListingsN/A

Community statistics are being updated. Check back soon for detailed insights.

Listed by Harpreet Christie · RE/MAX OF LLOYDMINSTER