Address
5029 47 Street, Sylvan Lake, AB
Price
$ 799,000
Property Attributes
- ID#A2104773
- TypeMulti-Family
- CitySylvan Lake
- NeighbourhoodDowntown
- Postal CodeT4S 1C5
- Style
- Price$ 799,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage2304
- Lot Size0.145179 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property 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. (id:7434)
General Features
| Property Type | Multi-family |
|---|---|
| Zoning Description | WDC |
| CommunityName | Downtown |
| Parking Space Total | 7 |
| Foundation Type | Poured Concrete |
| Building Type | Multi-Family |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in T4S 1C5
Price
Visits
Year Built
In The Neighbourhood
Peace River
$ 2,850,000
- Type
- Multi-Family
- Size
- 26,600 SqFt
- Rooms
- 0 Beds + 0 Baths
Century 21 Town and Country Realty
Blackfalds
$ 309,900
- Type
- Multi-Family
- Size
- 1,800 SqFt
- Rooms
- 0 Beds + 0 Baths
Royal Lepage Network Realty Corp.
