5029 47 Street Sylvan Lake, Alberta T4S 1C5
$799,000
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. (id:57810)
Property Details
| MLS® Number | A2104773 |
| Property Type | Multi-family |
| Community Name | Downtown |
| Parking Space Total | 7 |
| Plan | 9721891 |
Building
| Constructed Date | 1964 |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Size Exterior | 2304 Sqft |
| Size Interior | 2304 Sqft |
| Total Finished Area | 2304 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Depth | 31.09 M |
| Size Frontage | 18.9 M |
| Size Irregular | 6324.00 |
| Size Total | 6324 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 6324 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | Wdc |
https://www.realtor.ca/real-estate/26479160/5029-47-street-sylvan-lake-downtown
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July 24 2024 03:16:01
Central Alberta REALTORS® Association
Royal LePage Network Realty Corp.
