• Price 799,000
  • Multi Family For Sale
  • MLS A2104773
  • 2,304
5029 47 Street
Sylvan Lake, Alberta T4S 1C5

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.

  • TransactionFor Sale
  • NeighbourhoodDowntown
  • Commercial TypeMulti Family
  • Building Size2,304 sqft
  • FoundationPoured Concrete
  • HeatingForced Air, Natural Gas
  • Inclusions6 Stoves, 7 Refrigerators, 1 Washer, Shed
  • ZoningWDC
  • Year Built1964
  • Jacqui Fletcher - Royal Lepage Network Realty Corp. 403-346-8900
All information displayed is believed to be accurate but is not guaranteed by Central Alberta REALTORS® Association and should be independently verified. No warranties or representations of any kind are made.