$675,000 | Downtown Sylvan Lake 4 plex for Sale at 4639 48 Street Sylvan Lake

Explore 4639 48 Street , a Desirable Downtown home for sale for $675,000! This Downtown 4 plex for sale in Sylvan Lake has been listed on Real-Estate.ca for 85 days under MLS® #A2321605. It has had a $20,000 price change under this MLS#. This home is a 2,009 square foot 4 plex built in 1977 with bedrooms and bathrooms. Explore the Sylvan Lake real estate market and available Downtown homes for sale!

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, Front and Back Entrances have new Vinyl Plank Flooring, New Paint in Back Entrance. Excellent Investment Opportunity! Cap Rate Currently 5.1, Potential CAP Rate 8.1%!

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