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5029 47 Street
Sylvan Lake Alberta , T4S1C5 , Canada
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Unit 7 Basement Suite
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$799,000.00
MLS® A2104773
Investment
Lot Frontage: 18.9 Metre
Lot Depth: 31.09 Metre
Lot Size: 6324 Square Feet
No. of Parking Spaces: 7
Floor Space (approx): 2304.00 Square Feet
Built in: 1964
Zoning: WDC
Remarks:
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:7526)

Property Features:
  • Property Type: Multi-family
Building Features:
  • Building Type: Multi-Family
  • Foundation Type: Poured Concrete
  • Heating Fuel: Natural gas
  • Heating Type: Forced air

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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