2304 sqft
$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. (id:57594)
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 |
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 |