$799,000
Active
84 Days Online
0 Beds0 Baths2,304 SQFT

5029 47 Street Sylvan Lake, AB T4S1C5

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Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 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:55532)

  • Property Type Multi-Family
  • Neighborhood Downtown
  • County N/A
  • Property Tax N/A
  • HOA/Condo/Coop Fees N/A
  • Days on Site 84 Days
  • MLS® Status Active
  • MLS® ID Number A2104773
  • SqFt Source N/A
  • Year Built 1964
  • Price Per SqFt $346
  • Lot Size 6,324 Acres
  • Full Baths N/A
  • Partial Baths N/A
3 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen online

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General Features

  • Parking Spaces 7
  • Zoning WDC
  • Property Sub Type Multi Family
  • Foundation Slab

Interior Features

  • Heating Forced AirNatural Gas
  • Fireplace No

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