A rare and compelling opportunity for the savvy investor. This package of four 4-plex buildings in the town of Elk Point delivers 16 rental units in a market defined by low supply and strong demand — the ideal conditions to build lasting income and long-term wealth. With residential rentals at a premium in smaller Alberta communities, this is your chance to secure a foothold and watch your portfolio flourish. Elk Point offers a full range of amenities including schools, hospital, banking, groceries, fuel, small businesses, and excellent recreational facilities — everything tenants need, right in town. Ideally situated just 25 minutes from St. Paul, one hour from the booming city of Cold Lake, and three hours from Edmonton. Strong location. Strong demand. Strong returns. (id:51989)
Features of 5121 54 St
- MLS® Number E4485832
- Price $1,250,000
- Bedrooms: 1
- Bathrooms: 1
- Square Footage: 1950 sqft
- Property Type: Fourplex
- Neigbourhood: Elk Point
- Amenities Near By Schools, Shopping
- Features Lane
Buildings
| Bathroom Total | 1 | Bedrooms Total | 1 |
| Appliances | Dryer, Refrigerator, Stove, Washer, See Remarks | Architectural Style | Bi-level |
| Basement Development | Finished | Basement Type | Full (finished) |
| Constructed Date | 1979 | Construction Style Attachment | Attached |
| Heating Type | Forced Air | Size Interior | 1950 Sqft |
| Type | Fourplex |
Parking
| See Remarks |
Land
| Acreage | No | Land Amenities | Schools, Shopping |
| Size Irregular | 788.56 | Size Total | 788.56 M2 |
| Size Total Text | 788.56 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
Agents and Offices
- Kim L. Werenka
- Office: Century 21 Poirier Real Estate