This quaint cabin is located only blocks from Lake Shore drive close to shops, restaurants and playgrounds! The cabin has back-alley access with room for RV parking, a detached garage and has been rezoned for multifamily and or commercial mixed use, making this an ideal purchase for investors! If combined with the neighboring tripe lot the development potential is immense with ideal location only blocks from the lake. The double lot measuring 6499 square feet is centrally located and is currently running as a licenced Airbnb from May through September for $180-$250/night, renting for $1600 fully furnished including utilities in the off season. Recent upgrades include; a new roof, eves and gutters were all replaced, and the interior painted spring of 2024. There was foundation work and some insulation added in spring of 2025. An amazing opportunity to own in the hub of Sylvan Lake! (id:51989)
Features of 4738 50 Street E
- MLS® Number A2251325
- Price $349,900
- Bedrooms: 1
- Bathrooms: 1
- Square Footage: 490 sqft
- Property Type: House
- Community Name: Downtown
- Amenities Near By Golf Course, Playground, Schools, Shopping, Water Nearby
- Community Features Golf Course Development, Lake Privileges, Fishing
- Features Treed, Back Lane, Wood Windows
- Parking Space Total 3
- Plan 1549aj
- Structure None
Buildings
| Bathroom Total | 1 | Bedrooms Above Ground | 1 |
| Bedrooms Total | 1 | Appliances | Refrigerator, Stove, Window Coverings, Washer & Dryer |
| Architectural Style | Bungalow | Basement Type | Crawl Space |
| Constructed Date | 1947 | Construction Style Attachment | Detached |
| Cooling Type | None | Exterior Finish | Wood Siding |
| Flooring Type | Hardwood, Vinyl Plank | Foundation Type | Block, See Remarks |
| Heating Fuel | Natural Gas | Heating Type | Space Heater, Other |
| Stories Total | 1 | Size Interior | 490 Sqft |
| Total Finished Area | 490 Sqft | Type | House |
Parking
| Gravel | |
| Attached Garage | 1 |
Land
| Acreage | No | Fence Type | Not Fenced |
| Land Amenities | Golf Course, Playground, Schools, Shopping, Water Nearby | Landscape Features | Fruit Trees |
| Size Depth | 39.62 M | Size Frontage | 15.24 M |
| Size Irregular | 6490.64 | Size Total | 6490.64 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 6490.64 Sqft|4,051 - 7,250 Sqft | Zoning Description | Dc-50 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Bedroom | 9.33 Ft x 9.00 Ft | ||
| Main Level | Other | 9.00 Ft x 8.00 Ft | ||
| Main Level | Kitchen | 11.00 Ft x 9.42 Ft | ||
| Main Level | Living Room/dining Room | 11.00 Ft x 9.42 Ft | ||
| Main Level | 4pc Bathroom | .00 Ft x .00 Ft |
Agents and Offices
- Krysta Rush
- Jerry Rush
- Office: Royal LePage Network Realty Corp.