4639 48 Street
Sylvan Lake, Alberta
MLS® A2321605
$659,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2321605
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1977
1 / 51Listing 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%!
Property summary
- MLS® number
- A2321605
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 2,009 sq ft
- Title
- Freehold
- Land size
- 11250 square feet
- Built in
- 1977
- Annual property taxes
- $4,209.00
- Parking
- 8 spaces
- Days on market
- 92 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Flooring
- Carpeted, Vinyl Plank
- Community features
- Lake Privileges
What would this home cost you?
Based on the $659,900 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.