5139 48th Street, Innisfail, Alberta T4G 1M2

Listed for:
$1,299,000
0 beds
0 baths
Listed 26 days ago
Multi-Family for rent: 5139 48th Street, Innisfail, Alberta T4G 1M2

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Learn more about this property
Listing provided by:
RE/MAX real estate central alberta
MLS® number:
A2265569
Agent:
Nicole Blair
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About

This exceptional BRAND NEW 4-plex offers a rare chance to own a turnkey multi-family property in the heart of Innisfail. With a total of 3,968 sq. ft. above grade and an additional 1,736 sq. ft. below grade, the property combines style and functionality throughout. Each of the four units provides 1,426 sq. ft. of finished living space with a bright open-concept main floor featuring custom cabinetry, a large center island, granite countertops, and a convenient two-piece bathroom. Upstairs, both bedrooms are generously sized and include their own private four-piece ensuites, while the fully finished basement adds even more living space with a family room, an additional bedroom, laundry complete with washer and dryer and a full bathroom. In total, every unit offers three bedrooms and three and a half bathrooms, designed to meet the needs of modern living. The property is centrally located close to downtown and only one block from the town’s schools, making it highly desirable for families and long-term tenants. The exterior is landscaped and includes parking pads for each unit, creating a low-maintenance and well-planned development. With 5,704 sq. ft. of total finished living space across all four units, this brand new build with Certified New Home Warranty is an outstanding opportunity for investors or owner-occupiers in one of Alberta’s growing communities. Based on a market rent of $2000 per month (per unit) your gross cap rate would be 7.4% and combined with a 10 year new home warranty make for a worry free investment. (id:27476)

Property Highlights

MLS® Number
A2265569
Type
Multi-family
Community Name
Central Innisfail
Ownership Type
Freehold
Land Size
Unknown
Parking Space Total
4

Building

Building Type
Multi-Family
Storeys
2.00
Square Footage
3968 sqft
Exterior Finish
Concrete, Stone, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Location