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$ 1,250,000
Est. payment /mo
Active
5121 54 ST Elk Point, AB T0A1A0
1 Bed
1 Bath
1,950 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1950
Square Footage 1,950 sqft
Price per Sqft $641
Subdivision Elk Point
MLS® Listing ID E4485832
Style Bi-level
Bedrooms 1
Year Built 1979
Lot Size 8,487 Sqft
Acres 0.19485742
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province AB
Rooms
Kitchen 0.0
Extra Room 1 Main level Measurements not available Primary Bedroom
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Architectural Style Bi-level
Others
Ownership Freehold
Listed by Century 21 Poirier Real Estate