4801 53A Street

Bonnyville Town Bonnyville T9N 1Y7

Attention Investors! 6 duplexes available! Located all in a row, on a tree lined street, across from park and Jessie Lake and equally close to shops and restaurants. These units have performed at near full capacity for the last 10 years due to the strong demand for 3-4 bedroom units with a yard. 3 and 4 bedroom units available with many recent upgrades to some units including flooring, kitchens, paint, shingles and eves troughs (all buildings), some vinyl windows(all buildings 2nd floor, all buildings large front windows and some entrance doors and kitchen windows) and furnaces(all units). All sewer lines to the buildings have been replaced when the street sewer was replaced. Currently rented between $900 and $1300 per side (depending on upgrades and number of bedrooms) with a cap rate of 6.5% for the entire portfolio (full performa available). To be sold in conjunction with adjacent units 4803, 4805, 4807, 4809 & 4811. *Interior pics are of 4801 unit 2 and 4809 unit 10.