Excellent development opportunity in this 2280 sq. ft. apartment/motel style building on 0.27 acres, located just two blocks from Lakeshore Drive. Nestled amongst mature trees on a quiet residential street, yet still within walking distance of beachfront restaurants and shops, the public beach, and the pier. The single storey building has 7 suites, all currently occupied. The property includes 7 onsite parking stalls, a firepit area, a green space, and a back fence. Property has been well maintained over the years.
Under the Town of Sylvan Lake’s Sustainable Waterfront Area Redevelopment Plan, this property has the potential for a residential or mixed-use development up to 4 storeys, with views of the lake!More details
Welcome to this stunning fully renovated farmhouse, offering a unique opportunity to own a fully rented duplex on a sprawling 20-acre property. Boasting picturesque views and surrounded by lush pastures, this property is a true countryside retreat.
This farmhouse underwent an extensive renovation in 2002, combining the charm of its heritage with modern comforts and conveniences. The result is a harmonious blend of old-world character and contemporary living.
The property features several outbuildings, including a garage, providing ample storage space or the potential for a workshop. Imagine the possibilities of utilizing these structures to suit your specific needs, whether it's for hobbies, storage, or creative endeavors.
Each unit within the duplex offers its own private sanctuary. The first unit comprises 3 bedrooms and 1.5 bathrooms, while the second unit offers 4 bedrooms and 2 bathrooms. Both units feature large kitchens with an open concept design, seamlessly flowing into the living room and dining area. These spacious and welcoming common areas provide the perfect setting for entertaining guests or spending quality time with loved ones.
Beyond the farmhouse's walls lies a vast expanse of 20 acres or pastoral beauty. With sweeping views as far as the eye can see, this property allows for endless possibilities. Whether you envision a small farm, equestrian pursuits, an investment opportunity, further subdivision , or simply a serene and private escape, the expansive acreage provides ample space to bring your dreams to life.
Located in a peaceful countryside setting, this property offers tranquility and seclusion, while still being within reach of essential amenities and services. Embrace the allure of country living while maintaining convenient access to nearby towns and cities.
Full duplex on 20 acres of breathtaking pastureland. With its idyllic views, versatile outbuildings, and spacious living quarters, this farmhouse presents a truly extraordinary opportunity. Indulge in the rural lifestyle you've always dreamed of.More details
NEW Proforma Cash flow increase! The owner is increasing the rents to $1150 + $1250 for the upper units & $1050 - $1000 for the lower units.This 4 plex is great for any investor looking for an income generating property in a Fantastic location near downtown Red Deer, Shopping, Restaurants, Parks and more! All units are 3 bedroom units, one level each with 2 units upstairs and 2 units down. Each have their own laundry. Laminate flooring in each of the units. Separate gas meters, electric meters, furnaces and how water tanks for each unit.More details
New Proforma showing the new rents and cashflow improvement! The owner has increased the rents to $850/$950/$1050/$900.This 4 plex is great for any investor looking for an income generating property in a Fantastic location near downtown Red Deer, the new Polytechnic Institute, Shopping, Restaurants, Parks and more! All units are single bedrooms, one level each with 2 units upstairs and 2 units down. Each have their own laundry. Laminate flooring in each of the units. Boiler system with baseboard heat.More details
Introducing an exceptional investment opportunity in the charming town of Three Hills! Nestled on 4 acres of land, this impressive 4-plex offers a rare chance to own a multifamily property with great potential.
Conveniently located just outside the town of Three Hills, this property strikes the perfect balance between peaceful rural living and easy access to essential amenities. Enjoy the tranquility of the countryside while being only a short distance away from shops, restaurants, schools, and more.
The 4-plex is thoughtfully designed with two units upstairs and two units downstairs, providing a versatile and desirable arrangement. Each unit boasts its own unique characteristics, offering a diverse range of living spaces for tenants or future occupants. This individuality adds to the property's appeal and provides an opportunity for creative customization or personalized touches.
As an investor, this property presents an attractive proposition. With four units in place, you can generate multiple income streams, maximizing your return on investment. Take advantage of the strong rental market and the demand for well-maintained properties in the area.
Situated on 4 acres of land, the property offers ample room for expansion, potential additional buildings, or outdoor amenities. Whether you envision creating additional rental units or designing a beautiful outdoor retreat for tenants, the possibilities are endless.
Three Hills is a vibrant community known for its friendly atmosphere and welcoming spirit. From community events to outdoor recreational activities, residents can enjoy a fulfilling and enriching lifestyle. Embrace the charm of this town and all it has to offer while benefiting from the proximity of this 4-plex to the town center.
Don't miss out on this investment opportunity! With its prime location, diverse living spaces, and 4 acres of land, this 4-plex is a rare find. Seize the chance to capitalize on the thriving rental market and own a property with immense potential in the picturesque town of Three Hills.More details
Welcome to this fantastic investment opportunity in the heart of Three Hills! This well-maintained 4-plex is located in a desirable area, offering an ideal blend of convenience and potential for savvy investors. Each of the four units within this property is tenant occupied, providing immediate cash flow and a hassle-free transition for new owners. The units have been thoughtfully renovated over the years, ensuring comfortable and modern living spaces for tenants. These units are sure to attract and retain quality renters.
In addition to the attractive interiors, the property offers convenient parking in the back, complete with plug-ins for tenants' vehicles. This feature provides added convenience and enhances the overall appeal of the units.
Adjacent to the 4-plex is a vacant lot to the East. Although not included in the list price, this lot presents an exciting opportunity for expansion or development. Imagine the potential of acquiring the additional lot to expand the property, create additional parking spaces, or even construct another building. The choice is yours, and the vacant lot offers endless possibilities for future growth.
Three Hills is a charming town known for its welcoming community and friendly atmosphere. Residents enjoy a range of amenities, including schools, shops, restaurants, and recreational opportunities. The town's central location provides easy access to nearby cities and attractions, making it an appealing place to live for tenants and a promising investment location for property owners.
Take advantage of the established rental income and the option to explore further development possibilities. South part of the 4 plex was added on in 2003, and the original part was completely reno'd with all new plumbing, electrical, windows, insulation, roof, drywall, heating, etc. in 2003. All 4 units are tenant occupied; tenants pay all utilities. Upper-level units are both 2 bedrooms, one unit downstairs is 2 bedrooms and the other has 3. Each unit has their own gas furnace and HWT, utilities, in-suite laundry and electric panels. Shingles replaced in 2017. Upper units have vaulted ceilings.More details
Welcome to this great full duplex in the charming town of Penhold! With three bedrooms and two bathrooms on each side, this property is the perfect investment opportunity for anyone looking to own both units and rent out one or both. This beautifully-maintained duplex boasts spacious living areas, large windows that flood the home with natural light, and two large backyards, providing plenty of outdoor space for activities and relaxation. Each unit also includes separate laundry and storage units, ensuring privacy and convenience for both tenants. Currently rented out to long-term tenants who would like to stay at $1350 plus utilities, this property is a great opportunity for immediate income generation. Located in the heart of Penhold, this duplex is very close to schools, playgrounds, and shopping, making it the perfect home for families or young professionals. With its unbeatable location, price, endless potential, and steady cash flow, this property will work. Don't miss out on this incredible opportunity to own a full duplex in Penhold.More details
Listed by Jason Walz
and Shelaine Walz
of eXp Realty
Data was last updated December 1, 2023 at 06:05 AM (UTC)
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