An Exceptional Investment Opportunity in the Heart of Camrose! This remarkable property offers a rare combination of income potential and modern living, featuring eight units across two fourplex buildings and a fully finished, heated triple car garage with two bays - all on one single titled lot. Perfectly positioned just moments from downtown Camrose, this investment gem blends convenience with contemporary style, making it a standout choice for savvy buyers. Eight spacious units boast an open-concept layout designed for comfort and functionality, including a lovely kitchen with stainless steel appliances, terrific living room, two bedrooms, one bathroom, beautiful flooring and in-unit laundry. Currently, all eight units are fully rented, delivering a steady and reliable cash flow from day one. The rented garage spaces further enhance the properties earning power, making this an investor’s dream. Whether you're seeking a turnkey income-generated asset or a home where you can live in one unit and rent out the others, this property offers unmatched versatility and long-term value. Situated in the heart of Camrose, these fourplexes are just steps away from downtown, providing residents with easy access to shopping, dining, entertainment and all essential amenities. This vibrant and connected lifestyle ensures strong tenant demand and lasting appeal. With its modern design, full occupancy, and strategic location, this property is a rare find. It’s ideal for investors looking to capitalize on a thriving rental market or homeowners wanting to offset their mortgage by renting out additional units. Don't miss your chance to own this income-producing treasure, the opportunities here are truly endless! (id:57594)
| MLS® Number | A2234534 |
| Property Type | Multi-family |
| Neigbourhood | West Central |
| Community Name | Prospect |
| Features | Pvc Window |
| Parking Space Total | 12 |
| Plan | 9222401 |
| Structure | Deck |
| Appliances | Dishwasher, Stove, Range, Window Coverings, Washer/dryer Stack-up |
| Architectural Style | Bi-level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 2023 |
| Construction Material | Wood Frame |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Carpeted, Vinyl |
| Foundation Type | See Remarks |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 2,000 Ft2 |
| Total Finished Area | 2000 Sqft |
| Type | Multi-family |
| Garage | |
| Heated Garage | |
| Oversize | |
| Detached Garage | 3 |
| Acreage | No |
| Size Depth | 71.32 M |
| Size Frontage | 16.46 M |
| Size Total Text | Unknown |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/28561191/5009-54-street-camrose-prospect
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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