5607 43 Street , Lloydminster

$449,900

0 Beds
0 Baths
1,237 Sqft
.15 Acres
2 Garages

Exceptional multi-family investment opportunity on the Alberta side of Lloydminster! This well-maintained property features a spacious three-bedroom, two-bathroom main floor suite, along with three additional self-contained rental units in the basement, including one one-bedroom suite and two bachelor suites with kitchenettes. Built in 1970, this quality-constructed building has been well cared for and updated over the years with newer windows, updated flooring, fresh paint, new closet doors, modern light fixtures, upgraded electrical servicing, plus many more improvements throughout.
The property also offers a double detached garage, convenient back alley parking, main floor laundry for the upper suite, and a separate shared laundry area for the basement tenants. A lawn care and snow removal contract is already in place, making ownership even more convenient. With reliable tenants already in place, this is an excellent opportunity for investors seeking strong cash flow. Alternatively, live in the spacious upper suite while the rental income from the lower units helps offset your mortgage, or rent the entire building to maximize your return on investment. A versatile income-producing property with plenty of upside in a desirable Alberta location.

Essential Information
MLS® #A2329745
Price$449,900
Square Footage1,237
Acres0.15
Year Built1970
TypeMulti-Family
Sub-Type4 plex
StyleBungalow
StatusActive
Community Information
Address5607 43 Street
SubdivisionSouthridge
CityLloydminster
CountyLloydminster
ProvinceAlberta
Postal CodeT9V 0A5
Amenities
Parking Spaces5
ParkingDouble Garage Detached
# of Garages2
Interior
Interior FeaturesOpen Floorplan, See Remarks
HeatingFloor Furnace, Natural Gas
CoolingCentral Air
Has BasementYes
BasementFull
Appliances

Built-In Refrigerator, Central Air Conditioner, Dishwasher, Garage Control(s), Microwave, Microwave Hood Fan, Range Hood, Stove(s), Washer/Dryer, Window Coverings

Exterior
Lot DescriptionLawn, Rectangular Lot, Treed
RoofAsphalt Shingle
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
Additional Information
ZoningMDR
Listing Details
OfficeMusgrave Agencies
LISTING MAP

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