5019 52 ST, Sylvan Lake, AB T4S 1E4
5019 52 ST, Sylvan Lake, AB T4S 1E4
5019 52 ST, Sylvan Lake, AB T4S 1E4
5019 52 ST, Sylvan Lake, AB T4S 1E4
5019 52 ST, Sylvan Lake, AB T4S 1E4
5019 52 ST, Sylvan Lake, AB T4S 1E4
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Susan Cramer

Susan Cramer

+1(403) 863-4866
$ 624,900
Est. payment | /mo

2,072 SqFt

Save
$ 624,900
Est. payment | /mo
Save

2,072 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2072.0

Square Footage 2,072 sqft

Price per Sqft $301

Subdivision Downtown

MLS Listing ID A2303454

Year Built 1924

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Triplex

Property Description

This unique and fully renovated triplex offers an exceptional revenue opportunity just one block from the lake,currently generating $5,850 per month in rental income and being offered fully furnished for a true turnkey investment. Situated on a massive lot with a fully fenced yard,this property features three legally suited units,including two 2 bedroom units and one 1 bedroom unit,each with its own character and strong rental appeal. The property includes a two storey home originally built in 1924,a second structure built in 1974,and a charming one bedroom cabin complete with its own kitchen,bathroom,and in suite laundry. All three units have been updated,making this an ideal opportunity for investors or those looking to live in one unit while generating income from the others. With its proximity to the lake and flexible layout,there is also excellent potential for short term rental use,including Airbnb. The exterior space is just as impressive,featuring a huge lot with a clean,low maintenance white vinyl fence and three separate sundecks,one for each unit,providing private outdoor space for tenants or guests. Additional upgrades include brand new eavestroughs,as well as improvements to the cabin including updated lighting,plumbing lines,and added insulation to protect water lines. With approximately 2,000 square feet of developed living space and a truly one of a kind setup,this property stands out as a rare opportunity in a highly desirable location near the lake,amenities,and recreational areas.

Location

Province AB

Zoning W-DC

Interior

Inclusions All furniture included. All appliances Included.

Fireplace No

Appliance Built-In Refrigerator, Dishwasher, Microwave, Stove(s), Washer/Dryer

Exterior

Total Parking Spaces 3

Garage No

Building

Dwelling Type Triplex

Others

Restrictions None Known

Listed by eXp Realty
Susan Cramer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 863-4866

susan-cramer@coldwellbanker.ca

7100 - 35468 Range Road 30, Red Deer County, AB, T4G 0M3, CAN

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5019 52 ST