Property Details
4639 48 Street
Sylvan Lake (A2349257)
Description
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! Rents were increased for January 1, 2027 which will show a 7.1 CAP Rate for 2027.
Property details
- MLS® #
- A2349257
- Property Type:
- Multi-Family
- Subtype:
- 4 plex
- Subdivision:
- Downtown
- Price
- $659,900
- Sale/Lease:
- For Sale
- Size:
- 2,009 sq.ft.
- Year Built:
- 1977 (49 years old)
- Structure Type:
- Four Plex
- Garage:
- No
- Fence:
- Partial
- Basement:
- No
- Inclusions:
- 4 Fridges, 4 Stoves, 1 Commercial Washer/Dryer, Window Coverings(except the ones owned by the tenant), Storage Shed
- Appliances:
- Electric Stove, Refrigerator, Washer/Dryer
- Patio/Porch Features:
- Balcony(s)
- Nearby Amenities:
- Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Lot Size:
- 0 acres
- Zoning:
- R2
- Roof:
- Asphalt Shingle
- Floors:
- Carpet, Vinyl Plank
- Foundation:
- Poured Concrete
- Heating:
- Forced Air, Natural Gas
- Cooling:
- None
- Amenities:
- Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Possession:
- Immediate,Negotiable,Subject To Tenancy
- Days on Market:
- 9
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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