5043 48 Street, Sylvan Lake

$279,900

2 Beds
1 Baths
836 Sqft
0 Acres
0 Garages

Steps from the beach and commercial businesses in an unbeatable location! Fabulous redevelopment property zoned RW-DC. This large lot fronts onto both 47th and 48th street (See photos for lot), similar lots on these streets have been redeveloped with a two full duplexes, one facing each street making it possible to have 4 rental properties or owner occupied residences (Subject to subdivision approval). Also would make a great lot for one residence, residence with a suite, multi-family building (all subject to approval). This zoning also allows retail and commercial services. The property currently rents for $875 per month (tenant pays gas and electricity) so you could hold this property with income until such time as you redevelop. Don't miss this opportunity to own a property with many possibilities!

Essential Information
MLS® #CA0142900
Price$279,900
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage836
Acres0.00
Year Built1950
TypeResidential
Sub-TypeSingle Family Detached
StyleBungalow
StatusActive
Community Information
Address5043 48 Street
AreaSL Downtown
CitySylvan Lake
CountyRed Deer County
ProvinceAB
Postal CodeT4S 1C6
Amenities
UtilitiesService - Full
Interior
Interior FeaturesWindow Coverings - Other
AppliancesRefrigerator - 1, Stove
HeatingFurnace - Forced Air - 1
Exterior
Lot DescriptionLandscaped
RoofShingle - Asphalt
ConstructionFrame - Wood
FoundationSee Remarks
Additional Information
ZoningW-DC
HOA Fees0.00
Listing Details
OfficeRCR - Royal Carpet Realty Ltd.
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