Mohammed MustafReal Estate Salesperson | HomeLife Miracle Realty Ltd., Brokerage

4639 48 Street, Sylvan Lake

$659,900

4639 48 Street, Sylvan Lake — photo 14639 48 Street, Sylvan Lake — photo 24639 48 Street, Sylvan Lake — photo 34639 48 Street, Sylvan Lake — photo 44639 48 Street, Sylvan Lake — photo 54639 48 Street, Sylvan Lake — photo 64639 48 Street, Sylvan Lake — photo 74639 48 Street, Sylvan Lake — photo 84639 48 Street, Sylvan Lake — photo 9

About this property

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:66939)

Property details

Price
$659,900
Living area
2,009 square feet
Lot size
11250 square feet
Parking
8
Year built
1977
Property type
Multi-family
MLS® number
A2321605

Location

Map showing the location of 4639 48 Street, Sylvan Lake

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Listing courtesy of Realty Executives Alberta Elite. Source board: Central Alberta REALTORS® Association.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. 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 are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.