1-8, 4504 56A Avenue
Lloydminster T9V 1A1
MLS® Number: A2273578
$ 975,000
0
BEDROOMS
0 + 0
BATHROOMS
3,600
SQUARE FEET
1962
YEAR BUILT
This 8-suite apartment rental building is just the opportunity you have been looking for. There are 5 (2 bedroom) units and 3 (1 bedroom) unit in the building. This building has been well maintained over the years with improvements and upgrades to the heating system, added insulation in attic space, PVC windows, metal roofing- three suites have been renovated over the last few years, with one suite undergoing an entire makeover in the last 2 years. The building has two units that have been rented as Airbnb short term rentals with the balance of the units rented on monthly rental agreement. This is a well-managed building that generated total income from July 1, 2024- June 30, 2025, at $141,229.45 - after airBnb cleaning/hallway cleaning, snow removal and lawn care, property management, garbage, building insurance, property tax, utilities and repair and maintenance this building generated a total revenue of 80,073.00. Located in a quiet residential neighborhood, surrounded by a stable residential subdivision, this 8 suite building is a perfect investment that requires minimal effort to maintain.
| COMMUNITY | West Lloydminster |
| PROPERTY TYPE | Apartment |
| BUILDING TYPE | Low Rise (2-4 stories) |
| STYLE | N/A |
| YEAR BUILT | 1962 |
| SQUARE FOOTAGE | 3,600 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | Hot Water |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | Parking Pad |
| RESTRICTIONS | None Known |
| ROOF | |
| TITLE | Fee Simple |
| BROKER | MUSGRAVE AGENCIES |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|