What is the price of 4718 College Avenue, Lacombe?

This property is listed at $665,000 CAD.

Where is 4718 College Avenue, Lacombe located?

This property is located at 4718 College Avenue, Lacombe in Lacombe, Canada.

How can I schedule a viewing of 4718 College Avenue, Lacombe?

Contact Rachel McQueen by phone at (403) 872-7785 or email at rachel.mcqueen@remax.net to schedule a viewing or request more information about this property.

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4718 College Avenue, Lacombe

4718 College Avenue, Lacombe

Lacombe, Alberta, T4L1Z1

MLS®: A2213994

Listing photo – 4718 College Avenue, Lacombe

$665,000

Active

3,527 square feet living area

Property Description

This exceptional 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 3 has new carpet in living room and primary bedroom. 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.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.