4718 College Lacombe, Alberta T4L1Z1, Lacombe home/condo for sale | A2213994

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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:26452)

House located at 4718 College Lacombe, Alberta T4L1Z1. The property was built in 1971. 4718 College Lacombe, Alberta T4L1Z1 is in the College Heights neighborhood. Lacombe, College Heights, and Fairway Heights are nearby neighbourhoods.

Agent Contact: Tammy Polley Phone: 403-596-8328
Listing Courtesy of: RE/MAX real estate central alberta - Sylvan Lake
Source: crea , MLS#: A2213994

Property Description

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