4719 49 Street, Stettler

$229,000 · 4 Bed 3 Bath

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About this property

Prime investment opportunity just one block from downtown Stettler! This property is currently in the process of being converted into three separate municipally approved units(triplex) with extensive work already completed and a strong foundation in place for the next owner to carry the project through to completion.The current planned layout includes two one-bedroom units and one larger two-bedroom unit each designed with an open-concept kitchen, dining, and living area, along with dedicated space for stackable in-suite laundry. At its current stage of construction, the building also offers the flexibility to shift direction and adapt the spaces for commercial use, depending on the buyer’s plans and applicable municipal requirements.Significant improvements have already been completed, including a brand-new roof, soffit, fascia, and eavestroughs. Framing is complete throughout all three and the required fire separation between each has been completed through the living areas, attic spaces, and below. The existing sewer service remains in place and is ready to be tied into, as well as natural gas and water lines to the building. Quotes have already been obtained for the required windows and doors. Engineered drawings are available for review.The proposed use has received municipal approval, helping take much of the preliminary planning out of the project for the next owner.The property is zoned R2A, offering flexibility for either residential or discretionary commercial uses. (id:66939)

Property details

Price
$229,000
Bedrooms
4
Bathrooms
3
Living area
2,816 square feet
Lot size
6500 square feet
Parking
5
Year built
1978
Property type
Single Family
Basement
Crawl space
MLS® number
A2340073

Location

Map showing the location of 4719 49 Street, Stettler

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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.