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$ 1,277,777
Est. payment /mo
Open Tue 7AM-11:45PM
5139 48 Street Innisfail, AB T4G1M2
3,942 SqFt
Open House
Tue Dec 30, 7:00am - 11:45pm
Wed Dec 31, 7:00am - 11:45pm
Thu Jan 01, 7:00am - 11:45pm
Fri Jan 02, 7:00am - 11:45pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,942 sqft
Price per Sqft $324
Subdivision Central Innisfail
MLS® Listing ID A2276264
Year Built 2025
Lot Size 6,250 Sqft
Acres 6250.0
Property Sub-Type Freehold
Source Central Alberta REALTORS® Association
Property Description
INVEST IN THE BEST: Maintenance-Free Luxury Four-Plex in Innisfail. Long-term thinking wins here. Secure your portfolio's future with this rare opportunity to acquire a brand-new, purpose-built income property designed for maximum cash flow and zero-effort ownership. This isn't just a building; it's a high-yield asset in one of Alberta's most promising growth corridors.**The Investor's Edge: New Construction & Warranty**The beauty of new construction lies in the "set it and forget it" lifestyle. Enjoy the ultimate peace of mind with a 10-year New Home Warranty protecting your capital from structural issues and major maintenance costs. This is a "turn-key" dream—no aging roofs, no outdated plumbing, and no surprise repair bills.**The Units: Premium Finishes = Premium Rents**Each of the four large townhome-style units is engineered to attract and retain high-quality tenants: • Generous Space: 3 Bedrooms | 3.5 Bathrooms | Fully Finished Basements. • Luxurious Interiors: Chef-inspired kitchens featuring quartz countertops, sleek two-tone cabinetry, and a functional breakfast bar. • Bright & Airy: Oversized windows and high-end lighting packages create an inviting, modern atmosphere. • Revenue Potential: Projected rents of $2,000–$2,100 per month per unit, generating significant monthly cash flow and long-term equity growth.Strategic Location: The Innisfail AdvantageLocation is the foundation of any great investment. These units are perfectly situated within walking distance to downtown Innisfail putting tenants steps away from local coffee shops, restaurants, and shopping. With schools and parks nearby, you are tapping into a high-demand rental market for families and professionals alike.Scalability & Financing • Leverage: This property type is eligible for a 30-year mortgage, allowing you to optimize your debt-to-equity ratio. • Expansion Opportunity: Looking for more doors? The builder owns the vacant lot next door and i s prepared to build a second four-plex, allowing you to scale to 8 units in one prime location.Why wait for the market to move when you can own the market? Invest in a maintenance-free future today. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling None
Flooring Carpeted, Vinyl Plank
Exterior
Parking Features No
Community Features Golf Course Development
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Lawn
Story 2
Others
Ownership Freehold
Listed by Realty Executives Alberta Elite
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