We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
4718 College Avenue, Lacombe
2025-05-09
Quick Summary
MLS®#A2213994
Property Description
This exceptional and fully tenanted 4-plex is ideally located just steps from the university in one of Lacombe’s most desirable neighborhoods. With a solid rental history, thoughtful updates, and a unique layout, this property offers incredible flexibility—whether you’re a seasoned investor looking for strong cash flow or a young family hoping to offset homeownership costs with rental income.Unit 1, the standout of the complex, is a spacious 3-bedroom, 2.5-bathroom home featuring an attached single garage, gas fireplace, large mud/laundry room with sink, jacuzzi tub, and updated carpet. Perfect for an owner-occupier, this unit provides the comfort and amenities of a single-family home with the added bonus of rental income from the three additional suites.Units 2, 3, and 4 offer a mix of functional layouts, including loft-style bedrooms and open floorplans, with shared access to a laundry area and large storage room. Updates include newer windows, modernized bathrooms, and forced-air or hot water baseboard heating. Unit 4 also includes its own attached garage and units 2 and 3 share the double car detached garage.Additional revenue comes from a separately rented motorhome garage. The building has been well cared for, with new siding and shingles completed approx. 7 years ago and updated electrical in the detached garage just two years ago.With all units currently rented, this property is a rare opportunity to own a high-performing asset with lifestyle flexibility. Whether you’re investing or looking to live in your investment—this 4-plex delivers. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Playground, Schools
Building
- Appliances: Refrigerator, Stove, Garage door opener, Washer & Dryer
- Basement Type: Partial
- Exterior Finish: Vinyl siding
- Fireplace: Yes
- Flooring Type: Carpeted, Linoleum, Tile
- Interior Size: 3527 sqft
- Building Type: Multi-Family
Land
- Land Size: Unknown
Ownership
- Type: Freehold
Zoning
- Description: R4
Information entered by RE/MAX real estate central alberta
Listing information last updated on: 2025-08-18 12:08:33
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Bhavya Soni Associate
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- Phone:
- 7807070479
- Email:
- Opendreamdoorswithbhavya@gmail.com
- Support Area:
- Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley
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