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smartPRO RealtyRajesh Babunaidu, REALTOR®
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  • New HWT
  • Front Stairs
  • Front Entrance
  • Front Stairs
  • Back Entrance
  • Back entrance
  • Laundry
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$659,900

4639 48 Street

Downtown, Sylvan Lake

  • 2,009 sq ft

About this home

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 unit 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! 8% CAP Rate! (id:67770)

Facts

Living area
2,009 sq ft
Home type
Multi-Family
Year built
1977
Lot size
11,250 square feet
Parking
8
Property taxes
$4,619 (2026)
MLS® number
A2349257

Features

Heating
Forced air, Natural gas
Cooling
None
Flooring
Carpeted, Vinyl Plank
Appliances
Refrigerator, Stove, Washer & Dryer
Community Features
Lake Privileges

Location

Listed by Realty Executives Alberta Elite

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