$799,000.00 2,304 Sq.ft

5029 47 Street , Sylvan Lake. T4S 1C5

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.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2104773
City:Sylvan Lake
Neighbourhood:Downtown
Province:Alberta
Building/Unit Size: 2,304 sq.ft
Land Size:0.15 Acre
Listing Price:$799,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:WDC
Listing Contract Date:2024-02-01

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Royal Lepage Network Realty Corp." listing brokerage.

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