Listed by Kim L Werenka • Century 21 Poirier Real Estate
$1,250,000
1 Bed
1 Bath
1,950 SqFt
New
5121 54 ST Elk Point, AB T0A 1A0
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $641
MLS® Listing ID E4485832
Bedrooms 1
Full Baths 1
Year Built 1979
Lot Size 8,487 Sqft
Acres 0.1948505
Property Sub-Type Quadruplex
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.
Location
Province AB
Area Elk Point
Zoning Zone 60
Rooms
Basement Full, Finished
Interior
Heating Forced Air-1, Natural Gas
Flooring Carpet, Laminate Flooring, Linoleum
Appliance Dryer, Refrigerator, Stove-Electric, Washer, See Remarks
Exterior
Exterior Feature Back Lane, Schools, Shopping Nearby
Community Features Hot Water Natural Gas
Roof Type Asphalt Shingles
Garage false
Building
Story 2
Foundation Concrete Perimeter
Architectural Style Bi-Level
Others
Tax ID 0012665593
Ownership Private
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