4718 College Avenue, Lacombe, AB T4L1Z1
4718 College Avenue, Lacombe, AB T4L1Z1
4718 College Avenue, Lacombe, AB T4L1Z1
4718 College Avenue, Lacombe, AB T4L1Z1
4718 College Avenue, Lacombe, AB T4L1Z1
4718 College Avenue, Lacombe, AB T4L1Z1
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
A.J Paima Realtor

A.J Paima Realtor

+1(403) 612-8285
$ 665,000
Est. payment | /mo

3,527 SqFt

Save Virtual Tour
$ 665,000
Est. payment | /mo
Save Virtual Tour

3,527 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3527

Square Footage 3,527 sqft

Price per Sqft $188

Subdivision College Heights

MLS® Listing ID A2213994

Year Built 1971

Property Sub-Type Freehold

Property Description

This exceptional 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 3 has new carpet in living room and primary bedroom. 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.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:24570)

Location

State AB

Rooms

Kitchen 0.0

Interior

Heating Forced air, Hot Water, Other

Flooring Carpeted, Linoleum, Tile

Fireplaces Number 1

Exterior

Parking Features Yes

Garage Spaces 3.0

Garage Description 3

View Y/N No

Attached Garage Yes

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Others

Ownership Freehold

Virtual Tour https://youriguide.com/4718_college_ave_lacombe_ab/

Powered by: REALTOR.ca
Listed by RE/MAX real estate central alberta

Nearby Locations

A.J Paima Realtor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 612-8285

ajmalpaima@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from A.J Paima Realtor, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

4718 College Avenue