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smartPRO RealtyRajesh Babunaidu, REALTOR®
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$659,900

4639 48 Street

Downtown, Sylvan Lake

  • 7 bedrooms
  • 4 bathrooms
  • 2,009 sq ft

About this home

4-Plex in the Heart of Sylvan Lake sitting on 3 lots and bringing in and amazing 8% CAP Rate!!! 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! (id:67770)

Facts

Bedrooms
7
Bathrooms
4
Living area
2,009 sq ft
Home type
Row / Townhouse
Year built
1977
Lot size
11,250 square feet
Parking
4
Property taxes
$4,619 (2026)
MLS® number
A2349264

Features

Heating
Forced air, Natural gas
Cooling
None
Basement
Finished, Full, Separate entrance, Suite
Flooring
Carpeted, Ceramic Tile, Vinyl Plank
Appliances
Refrigerator, Stove, Washer & Dryer
Exterior Features
Stucco
Community Features
Lake Privileges

Rooms

RoomLevelSize
Living roomMain level15.83 Ft x 12.25 Ft
Dining roomMain level10.17 Ft x 6.83 Ft
KitchenMain level12.42 Ft x 6.58 Ft
BedroomMain level12.50 Ft x 9.00 Ft
Primary BedroomMain level15.92 Ft x 10.08 Ft
4pc BathroomMain level7.58 Ft x 5.67 Ft
Living roomMain level15.17 Ft x 11.75 Ft
Dining roomMain level12.25 Ft x 7.17 Ft
KitchenMain level11.92 Ft x 6.42 Ft
BedroomMain level11.75 Ft x 8.83 Ft
Primary BedroomMain level15.17 Ft x 9.25 Ft
4pc BathroomMain level7.67 Ft x 5.25 Ft
Living roomBasement15.83 Ft x 12.17 Ft
Dining roomBasement10.08 Ft x 6.92 Ft
KitchenBasement12.25 Ft x 6.58 Ft
BedroomBasement12.25 Ft x 8.83 Ft
Primary BedroomBasement15.75 Ft x 10.08 Ft
4pc BathroomBasement7.58 Ft x 4.83 Ft
Living roomBasement15.08 Ft x 11.75 Ft
KitchenBasement11.92 Ft x 13.33 Ft
BedroomBasement11.92 Ft x 9.08 Ft
StorageMain level3.58 Ft x 6.08 Ft
4pc BathroomBasement7.58 Ft x 4.92 Ft
StorageBasement3.67 Ft x 6.17 Ft
Laundry roomBasement9.67 Ft x 10.08 Ft
FurnaceBasement10.83 Ft x 8.83 Ft
StorageBasement10.83 Ft x 9.83 Ft

Location

Listed by Realty Executives Alberta Elite

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