5139 48 St - Multi-Family FOR SALE


Innisfail, AB T4G 1L8
$1,299,900 CAD
403-304-6337
5139 48 St, Innisfail, AB for Sale
$1,299,900 CAD
Multi-Family - FOR SALE
1/36
null | Request Cap Rate

5139 48 St
Innisfail, AB T4G 1L8


OVERVIEW

This exceptional BRAND NEW 4-plex offers a rare chance to own a turnkey multi-family property in the heart of Innisfail. With a total of 3,968 sq. ft. above grade and an additional 1,736 sq. ft. below grade, the property combines style and functionality throughout. Each of the four units provides 1,426 sq. ft. of finished living space with a bright open-concept main floor featuring custom cabinetry, a large center island, granite countertops, and a convenient two-piece bathroom. Upstairs, both bedrooms are generously sized and include their own private four-piece ensuites, while the fully finished basement adds even more living space with a family room, an additional bedroom, laundry complete with washer and dryer and a full bathroom. In total, every unit offers three bedrooms and three and a half bathrooms, designed to meet the needs of modern living. The property is centrally located close to downtown and only one block from the town’s schools, making it highly desirable for families and long-term tenants. The exterior is landscaped and includes parking pads for each unit, creating a low-maintenance and well-planned development. With 5,704 sq. ft. of total finished living space across all four units, this brand new build with Certified New Home Warranty is an outstanding opportunity for investors or owner-occupiers in one of Alberta’s growing communities. Based on a market rent of $2000 per month (per unit) your gross cap rate would be 7.4% and combined with a 10 year new home warranty make for a worry free investment.

FOR SALE DETAILS

PRICE

$1,299,900 CAD

PRICE/SF

$228 CAD /SF

# OF UNITS

4

PRICE/UNIT

$324,975

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New 4 Plex in Innisfail

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Darcy BlairRE/MAX Real Estate Central AlbertaMore Info
403-304-6337

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Darcy BlairRE/MAX Real Estate Central AlbertaMore Info
403-304-6337

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.