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5029 47 Street Sylvan Lake, Alberta T4S 1C5

2304 sqft
Forced Air

$799,000

Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 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 totalling 7 suites. 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. (id:56672)

Property Details

MLS® Number A2104773
Property Type Multi-family
Community Name Downtown
Parking Space Total 7
Plan 9721891

Building

Constructed Date 1964
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 2304 Sqft
Size Interior 2304 Sqft
Total Finished Area 2304 Sqft
Type Multi-family

Land

Acreage No
Size Depth 31.09 M
Size Frontage 18.9 M
Size Irregular 6324.00
Size Total 6324 Sqft|4,051 - 7,250 Sqft
Size Total Text 6324 Sqft|4,051 - 7,250 Sqft
Zoning Description Wdc