Located at 4718 College Avenue in Lacombe, this well-maintained and fully tenanted 4-plex presents an excellent investment opportunity in a great location, just steps from the university. With a solid rental history and thoughtful updates throughout, this property is ideal for both seasoned investors and newcomers seeking strong cash flow.
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.More details
Incredible family home offering oversized lot, triple attached garage, over-sized double detached garage, & RV Parking pad! As you tour this meticulously maintained property, the attention to detail is obvious, and everything is in its place! Beautiful hard wood & Italian tile flooring lead you throughout this efficiently laid out floor plan, beautifully decorated & featuring classic accents, crown moulding, & upgraded light fixtures. The Primary Bedroom comes with a 5 Piece ensuite, and huge walk-in closet. Downstairs offers plenty more living space, with an oversized Recreation Room, plenty of room for storage, and includes 2 more bedrooms, along with a Den that could also be used as a bedroom, and a Cold room. There is in-floor heating in the basement & primary ensuite. Need extra garage space? This property offers 31' x 38' attached garage with sink & in-floor heat, along with an 28' x 28' detached garage wired for 220v, plumbed for in-floor heat, & both garages are very well organized, and come equipped with shelving, tool storage, and there's also a built in vacuum for vehicles. That's not all, the property comes with an RV parking pad that is easily accessible, and has power hookup. Finally, the property is approximately 1/3 of an Acre, fenced, comes with a fire pit, and is very nicely landscaped!More details
This 3bedroom/3 bath fully finished bi-level condo could be the perfect place for first home buyer or investor. This unit comes with TWO assigned parking stalls. You'll love the floor plan of this gorgeous home. There is a 2 pc bath conveniently located just off the front entry, and also an office to sit , read or do your business in private. . Kitchen/Dining area will be a favorite spot any time of day but especially in the morning coffee inside or out on the back decks. The basement is unfinish .More details
Data was last updated June 6, 2025 at 10:05 PM (UTC)
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