5619 46 Street

Turn-key purpose-built 4-plex offering stable cash flow and major capital updates. This property features three 2-bedroom units and one 1-bedroom unit, each with private storage and energized parking stalls. Shared coin-operated laundry provides additional income potential.Separate power meters for each unit. Tenants pay electricity, while the owner pays water and gas, creating a simple and predictable operating structure.Significant improvements include new windows (2025), shingles (2017), and boiler & hot water tank (2019). Flooring has been updated over time, bathrooms partially refreshed in three units, and appliances replaced as needed. Well maintained with documented financials available.Situated on a 9,000+ sq.ft. lot with alley access in an established neighbourhood, this is a clean, stabilized multi-family asset ideal for both new and seasoned investors. (id:67197)

Price

$589,900

Property Type

Multi-family

Transaction Type

For sale

Parking

4

MLS® Number

A2338022

Interior Size

1736 sqft

Year Built

1967

Ownership Type

Freehold

Building Type

Multi-Family

Architectural Style

Bi-level

Basement

Full (Finished)

Basement Development

Finished

Exterior Finish

Stucco, Wood siding

Fireplace

No

Foundation

Wood

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

1736 sqft

Stories

1

Year Built

1967

Size Frontage

23.77 m

Size Depth

33.22 m

Acreage

No

Ownership Type

Freehold