4718 College AVE Lacombe, AB T4L 1Z1
3,527 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3527.0
Square Footage 3,527 sqft
Price per Sqft $189
Subdivision College Heights
MLS Listing ID A2213994
Style 2 Storey
HOA Y/N No
Year Built 1971
Property Sub-Type 4 plex
Property Description
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.
Location
Province AB
County 0194
Community Playground, Schools Nearby, Street Lights, Walking/Bike Paths
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
Fireplace Yes
Appliance Garage Control(s), Refrigerator, Stove(s), Washer/Dryer
Exterior
Parking Features Double Garage Detached, RV Garage, Single Garage Attached
Garage Spaces 5.0
Community Features Playground, Schools Nearby, Street Lights, Walking/Bike Paths
Roof Type Asphalt Shingle
Total Parking Spaces 5
Garage Yes
Building
Lot Description Landscaped
Dwelling Type Four Plex
Foundation Poured Concrete
Architectural Style 2 Storey
Others
Restrictions None Known
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