5029 47 Street
Sylvan Lake
Update on 2023-07-04 10:05:04 AM
$ 799,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1964
YEAR BUILT
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.
COMMUNITY | Downtown |
TYPE | Commercial |
STYLE | |
YEAR BUILT | 1964 |
SQUARE FOOTAGE |
BEDROOMS | |
BATHROOMS | |
BASEMENT | |
FEATURES |
GARAGE | No |
PARKING | |
ROOF | Asphalt Shingle |
LOT SQFT | 588 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | ||
Second Bedroom | ||
Third Bedroom | ||
Dining Room | ||
Family Room | ||
Kitchen | ||
Living Room |
INTERIOR
Forced Air, Natural Gas,
EXTERIOR
Broker
Royal Lepage Network Realty Corp.
Agent