Jacqui Fletcher
(403) 896-3244
Royal Lepage Network Realty Corp.
403-346-8900
5029 47 Street
Sylvan Lake , Alberta T4S 1C5
Sylvan Lake , Alberta T4S 1C5
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5029 47 Street For Sale
$799,000
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.
Transaction Type
For Sale
For Sale
Days On Market
91
91
Zoning
WDC
WDC
Subdivision
Downtown
Downtown
Year Built
1964
1964
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Multi Family
Multi Family
Legal Plan
9721891
9721891
Building Area (Sq. Ft.)
2304.00
2304.00
Building Area (Sq. M.)
214.05
214.05
Lot Size (Sq. Ft.)
6324
6324
Lot Size (Acres)
0.15
0.15
Roof
Asphalt Shingle
Asphalt Shingle
Foundation
Poured Concrete
Poured Concrete
Heating
Forced Air,Natural Gas
Forced Air,Natural Gas
Inclusions
6 Stoves, 7 Refrigerators, 1 Washer, Shed
6 Stoves, 7 Refrigerators, 1 Washer, Shed
Restrictions
None Known
None Known
Reports
Plot Plan
Plot Plan