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Investor Alert: Turnkey Cash-Flow Monster with a 19.8% Cash-on-Cash Return!Smart investors know that true wealth is built on low vacancy, strong yields, and massive tenant retention, and this exceptional Eckville fourplex delivers on all three. Boasting a jaw-dropping 19.8% cash-on-cash return, this rock-solid building features an ideal revenue-generating mix of three massive 3-bedroom suites and one spacious 2-bedroom unit. Unlike cramped modern builds, this property offers incredible square footage and tons of "elbow room" that keeps tenants happy and staying long-term. In fact, two previous tenants loved living here so much they stayed for over 19 years, proving the ultimate stability of this asset.Situated on a massive, prime corner lot, the property offers abundant off-street and street parking, plus a detached single-car garage that provides an easy opportunity for extra monthly revenue or landlord storage. The heavy lifting has already been done for you, 8 brand-new appliances installed just this week, alongside a highly efficient boiler system and hot water tanks that have been consistently upgraded over the years.Location is everything for a stress-free rental, and Eckville boasts an incredibly tight, near-zero vacancy rate hovering around 1%. Tenants will love being within walking distance to local shopping and restaurants, while commuters enjoy effortless highway accessjust a quick 20-minute drive to the booming lakeside community of Sylvan Lake, 30 minutes to Rocky Mountain House, and an easy 40 minutes into Red Deer. If you are looking for an affordable, high-yielding addition to your portfolio where the numbers actually make sense from day one, this is the pride-of-ownership building youve been waiting for. (id:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Eckville, AB area.
55/100
Somewhat Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
42/100
Bikable
Bike Score ®
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 23/100.
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0 bds • 0 ba • 2,072 sqft
5019 52 Street, Sylvan Lake, AB T4S1E4
4 bds • 4 ba • 1,958 sqft
9 Lincoln Street, Sylvan Lake, AB T4S2R1
3 bds • 3 ba • 1,928 sqft
38 Lincoln Street, Sylvan Lake, AB T4S2P9
5 bds • 4 ba • 2,135 sqft
63 Bowman Circle, Sylvan Lake, AB T4S0H9
3 bds • 3 ba • 2,299 sqft
5016 34 Street, Sylvan Lake, AB T4S1B1
4 bds • 3 ba • 2,346 sqft
382003 Range Road 52, Rural Clearwater County, AB T0M0C0
5 bds • 4 ba • 1,826 sqft
4413 Ryders Ridge Boulevard, Sylvan Lake, AB T4S0J9
0 bds • 0 ba • 2,297 sqft
3, 30 Thevenaz Industrial Trail, Sylvan Lake, AB T4S0B6
3 bds • 4 ba • 1,841 sqft
12 Vincent Gate, Sylvan Lake, AB T4S0V7
4 bds • 4 ba • 2,310 sqft
5413 46 Street, Rimbey, AB T0C2J0
3 bds • 3 ba • 2,073 sqft
80 Parkland Drive, Parkland Beach, AB T0C2J0
3 bds • 3 ba • 1,846 sqft
2000, 2 Avenue, Dickson, AB T4G0K8
5 bds • 4 ba • 1,870 sqft
40 Owens Close, Red Deer, AB T4N6Y5
5 bds • 3 ba • 1,838 sqft
4000 42 Street, Rocky Mountain House, AB T4T1A7
0 bds • 0 ba • 1,838 sqft
4000 42 Street, Rocky Mountain House, AB T4T1A7
4 bds • 3 ba • 1,877 sqft
33 Walker Boulevard, Red Deer, AB T4L7E4
12 bds • 4 ba • 2,336 sqft
A, B , C, D, 4839 48th St, Rocky Mountain House, AB T4T1C9
3 bds • 3 ba • 2,107 sqft
38 Vista Close, Blackfalds, AB T4M0L3
4 bds • 4 ba • 1,875 sqft
144 Wiley Crescent, Red Deer, AB T4N7G7
bds • 0 ba • 196.95 sqft
4904 51 Avenue
bds • 0 ba • 7000 sqft
5007, 50 Street
bds • 0 ba • sqft
5007, 50 Street
bds • 0 ba • sqft
4911 50 Avenue
bds • 0 ba • 2799 sqft
4911 50 Avenue
4 bds • 3 ba • 1170 sqft
5212 55 Avenue
3 bds • 2 ba • 1344 sqft
5123 55 Street Close
bds • 0 ba • sqft
18, 2404 394 Township
bds • 0 ba • sqft
22, 2404 394 Township
bds • 0 ba • sqft
19, 2404 394 Township
bds • 0 ba • sqft
17, 2404 394 Township
bds • 0 ba • sqft
21, 2404 394 Township
bds • 0 ba • sqft
20, 2404 394 Township
Source: Realty.com
4904 51 Avenue, Eckville, AB T0M0X0 in Eckville, AB T0M0X0 is a multi family listed at $549,777. Highlights include 2,120 sq. ft., built in 1979, $259 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 50 photos of 4904 51 Avenue.
Our records indicate that 4904 51 Avenue was built in 1979.
The full address for this home is 4904 51 Avenue, Eckville, AB T0M0X0.
4904 51 Avenue has been listed on Realty.com since Fri June 05, 2026
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 23/100.
This content last refreshed on 2026-07-30 00:42:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.