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Steve Cormack (403) 391-1672

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Data Last Updated May 5, 2024, 10:25 am

 
Courtesy of Royal Lepage Network Realty Corp.
Downtown
No Floor Plan Available
$799,000
MLS® #:  A2104773
Address:  5029 47 Street
Days On Market:  ACCESS Days on Market

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Descriptions:

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.

Status: Active
Includes: 6 Stoves, 7 Refrigerators, 1 Washer, Shed
Location & Listing Info:
Zoning: WDC
Neighbourhood: Downtown
Nearest Town: Sylvan Lake
Lot Size: 6,324.00 sq.ft.
Property Info:
Property Type: Multi Family
Year Built: 1964
Brokerage: Royal Lepage Network Realty Corp.
Exterior:
Roof: Asphalt Shingle
Financial & Possession:
Rooms:
Additional Info:
Basement: Poured Concrete
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For viewing call (403) 391-1672
Contact Steve Cormack -
6, 3608 - 50 AVE., Red Deer, Alberta, T4N 3Y6
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.

Steve Cormack, Royal Lepage Network Realty Corp.
6, 3608 - 50 AVE., Red Deer, Alberta T4N 3Y6
Tel: (403) 391-1672 Cell: (403) 391-1672 Office: 403-346-8900 Fax: 877-746-0617
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.

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