5029 47 Street - MLS® # A2104773
$799,000
Property Details
Living Area:
0 sqft.
Taxes:
N/A
Type:
Multi Family (Commercial)
Style:
N/A
Basement:
Description
Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 7 unit multi-family complex located just half a block from the picturesque beachfront. This exceptional property presents an ideal revenue-generating asset, boasting a strategic location, versatile unit configurations, and exciting possibilities for high-density development. This multi-family gem comprises 5 one-bedroom units, each equipped with a well-appointed bathroom. Additionally, the complex features a two-bedroom unit with a bathroom and completing the ensemble is a bachelor suite totaling 7 suites. One of the suites is a basement suite with a washing machine, plus one of the suites has a washer and dryer. The roof was done in 2014. The strategic location and zoning create a solid foundation for capitalizing on the growing demand for housing in Sylvan Lake. Rents for $7000.00 per month. The adjacent lot MLS # A2104762 is for sale.
Listing Provided By
Royal Lepage Network Realty Corp.
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CONTACT
- Name:Laurie Wacher
- Phone:403-845-5588
- Mobile:403-506-6680
- Fax:403-845-5524
- Email:
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Address
- 5107 - 50 Street, Box 368
- Rocky Mountain House, Alberta
- T4T1A3