5607 43 Street, Lloydminster, Alberta T9V 0A5

Property Description

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.