See all 25 photos
$495,000
Est. payment /mo
3,082 SqFt
New
5407 48 AVE #1-6 Forestburg, AB T0B1N0
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Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,082 sqft
Price per Sqft $160
MLS® Listing ID A2227785
Year Built 1976
Annual Tax Amount $3,983
Tax Year 2024
Property Sub-Type Apartment
Source Central Alberta
Property Description
Welcome to an excellent real estate investment opportunity! This 6-unit apartment building is located in the growing community of Forestburg and offers affordable housing for tenants. The showcased photos are of Unit 3, which has been recently renovated. The layout includes one 1-bedroom, 1-bathroom unit (Unit 1), while the remaining five units each feature 2 bedrooms and 1 bathroom. A shared mechanical room houses the hot water tanks, and there is one washer and one dryer available for tenant use. The building offers convenient dual access with both a front and rear main entrance, making it easy to reach any of the six units from either the street or the back of the property. At the rear, you'll find six dedicated gravel parking stalls, while additional street parking is available at the front.
Location
Province AB
County Flagstaff County
Zoning R4
Interior
Heating Boiler, Natural Gas
Appliance Electric Stove, Refrigerator, Washer/Dryer
Laundry Common Area
Exterior
Parking Features Parking Pad
Garage Description Parking Pad
Total Parking Spaces 6
Building
Lot Description Back Lane, Landscaped
Story 3
Others
Restrictions None Known
Tax ID 56766293
Ownership Private
Listed by Realty Experts Group Ltd