1-19 (no 3/13), 4940 49 Street
Rocky Mountain House, Alberta
MLS® A2320267
$2,490,777
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2320267
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1975
1 / 47Listing description
RARE investment opportunity! Don't miss this exceptional opportunity to own a fully-tenanted turnkey apartment building in the heart of Rocky Mountain House with $1,000,000 in high quality renovations completed fall of 2025. This 17 unit concrete and stone building is a rare asset...
Ideal for investors looking for long term stability and superior returns of $20,000 per month with $125,000 down payment. Other notable upgrades: new Roof 2015, new Windows 2016, new Boiler 2020, both pumps were rebuilt in 2025. This professionally managed building features 16 well designed studio apartments and one spacious one-bedroom unit all under the expert care of an outstanding on site manager.
The expansive basement, formerly home to 30 underground parking stalls, offers incredible development potential. Whether you envision additional apartment units subject to town approval, storage lockers, or a tenant recreation space. The possibilities are incredible!
A small office is already in place for property management or administrative use. Situated on one of the most desirable streets in Rocky Mountain House, the building boasts breathtaking West-facing mountain views, a large paved parking lot, and low maintenance landscaping. With a concrete and stone exterior, minimal yard work, and close proximity to shopping, dining, and all amenities- this is truly a prime addition to any investment portfolio.
Property summary
- MLS® number
- A2320267
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 6,538 sq ft
- Built in
- 1975
- Annual property taxes
- $15,415.20
- Days on market
- 98 days
What would this home cost you?
Based on the $2,490,777 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Realty Executives Alberta Elite, Red Deer.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.