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$ 659,900
Est. payment /mo
Price Dropped by $15K
4639 48 Street Sylvan Lake, AB T4S1L4
2,009 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2009
Square Footage 2,009 sqft
Price per Sqft $328
Subdivision Downtown
MLS® Listing ID A2321605
Year Built 1977
Lot Size 0.258 Acres
Acres 11250.0
Property Sub-Type Freehold
Property Description
4-Plex in the Heart of Sylvan Lake sitting on 3 lots!!! Amazing Investment Opportunity 3 - 2 Bedroom Units that are 931 square feet, 909 square feet and 861 Square feet plus a 1 bedroom lower level suite which is 642 square feet! All Units are in very good condition with newer kitchens and appliances and all have in unit storage! Front and Back Entrances, a ton of parking, Laundry Room with 1 Commercial Washer and Dryer, additional storage area, which could convert the 1 Bedroom lower level unit to a 2 bedroom unit. Roof is 30 Year Architectural Shingles which are believed to be 15 years old. HWT was replaced last year! Balconies were just rebuilt and painted, Front and Back Entrances have new Vinyl Plank Flooring, New Paint in Back Entrance. Excellent Investment Opportunity! Cap Rate Currently 5.4, Potential CAP Rate 8.1%! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling None
Flooring Carpeted, Vinyl Plank
Exterior
Parking Features No
Fence Partially fenced
Community Features Lake Privileges
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage No
Private Pool No
Others
Ownership Freehold
Virtual Tour https://unbranded.youriguide.com/1_2_3_4_4639_48_st_sylvan_lake_ab/
Listed by Realty Executives Alberta Elite
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