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Home AB Camrose
5009 54 Street
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5009 54 Street $1,789,000
$1,789,000
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5009 54 Street
Camrose, Alberta T4V2A8

MLS® Number: A2234534

Listing Description

An Exceptional Investment Opportunity in the Heart of Camrose! This remarkable property offers a rare combination of income potential and modern living, featuring eight units across two fourplex buildings and a fully finished, heated triple car garage with two bays - all on one single titled lot. Perfectly positioned just moments from downtown Camrose, this investment gem blends convenience with contemporary style, making it a standout choice for savvy buyers. Eight spacious units boast an open-concept layout designed for comfort and functionality, including a lovely kitchen with stainless steel appliances, terrific living room, two bedrooms, one bathroom, beautiful flooring and in-unit laundry. Currently, all eight units are fully rented, delivering a steady and reliable cash flow from day one. The rented garage spaces further enhance the properties earning power, making this an investor’s dream. Whether you're seeking a turnkey income-generated asset or a home where you can live in one unit and rent out the others, this property offers unmatched versatility and long-term value. Situated in the heart of Camrose, these fourplexes are just steps away from downtown, providing residents with easy access to shopping, dining, entertainment and all essential amenities. This vibrant and connected lifestyle ensures strong tenant demand and lasting appeal. With its modern design, full occupancy, and strategic location, this property is a rare find. It’s ideal for investors looking to capitalize on a thriving rental market or homeowners wanting to offset their mortgage by renting out additional units. Don't miss your chance to own this income-producing treasure, the opportunities here are truly endless! (30795725)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
1
Community Name
Prospect
Subdivision Name
Prospect
Title
Freehold
Land Size
Unknown
Built in
2023
Annual Property Taxes
$16,038.01
Parking Type
Garage, Heated Garage, Oversize, Detached Garage (3)
Time on REALTOR.ca
30 days

Building

Interior Features
Appliances Included
Dishwasher, Stove, Range, Window Coverings, Washer/Dryer Stack-Up
Flooring
Carpeted, Vinyl
Basement Type
Full (Finished)
Building Features
Features
PVC window
Foundation Type
See Remarks
Architecture Style
Bi-level
Construction Material
Wood frame
Structures
Deck
Heating & Cooling
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
Garage, Heated Garage, Oversize, Detached Garage (3)
Total Parking Spaces
12

Measurements

Square Footage
2000 sqft
Total Finished Area
2000 sqft

Land

Lot Features
Frontage
16.46 m
Land Depth
71.32 m
Other Property Information
Zoning Description
R3
Data provided by: Pillar 9™

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