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$695,000

4639 48 Street, Sylvan Lake, AB, T4S 1L4

MLS® # A2321605

Sylvan Lake AB, T4S 1L4

MLS® # A2321605

Property Information:

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. Excellent Investment Opportunity!

Inclusions: 4 Fridges, 4 Stoves, 1 Commercial Washer/Dryer, window Coverings, Storage Shed

Building Features:

  • Total Finished Area: 2009.00

Property Features:

  • Built in: 1977
  • Cooling: None
  • Floor Space (approx): 2009.00 Square Feet
  • Flooring: Carpet
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Lot Size: 11250.00 Square Feet
  • Roof: Asphalt Shingle
  • Zoning: R2
  • No. of Parking Spaces: 8

Courtesy of: Realty Executives Alberta Elite

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 4639 48 Street, Sylvan Lake, AB, T4S 1L4

Demographic Information of 4639 48 Street, Sylvan Lake, AB, T4S 1L4

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$98,153.58

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.37 %

High school certificate or equivalent

33.93 %

Apprenticeship trade certificate/diploma

13.64 %

College/non-university certificate

18.93 %

University Degree

12.13 %

Commuter

Travel To Work

By Car

88.58 %

By Public Transit

0.0 %

By Walking

5.39 %

By Bicycle

0.0 %

By Other Methods

6.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.3 %

Houses

86.7 %

Own Vs. Rent