1-6, 5407 48 Avenue, Forestburg, Alberta

$495,000

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3,082

Square feet

About 1-6, 5407 48 Avenue

Welcome to an excellent real estate investment opportunity! This 6-unit apartment building is located in the growing community of Forestburg and offers affordable housing for tenants. The showcased photos are of Unit 3, which has been recently renovated. The layout includes one 1-bedroom, 1-bathroom unit (Unit 1), while the remaining five units each feature 2 bedrooms and 1 bathroom. A shared mechanical room houses the hot water tanks, and there is one washer and one dryer available for tenant use. The building offers convenient dual access with both a front and rear main entrance, making it easy to reach any of the six units from either the street or the back of the property. At the rear, you'll find six dedicated gravel parking stalls, while additional street parking is available at the front.

Features of 1-6, 5407 48 Avenue

MLS® # A2227785
Price $495,000
Bathrooms 0.00
Square Footage 3,082
Acres 0.00
Year Built 1976
Type Multi-Family
Sub-Type Apartment
Status Active

Community Information

Address 1-6, 5407 48 Avenue
Subdivision NONE
City Forestburg
County Flagstaff County
Province Alberta
Postal Code T0B1N0

Amenities

Parking Spaces 6
Parking Parking Pad
Is Waterfront No
Has Pool No

Interior

Appliances Electric Stove, Refrigerator, Washer/Dryer
Heating Boiler, Natural Gas
Fireplace No
# of Stories 3
Has Basement No

Exterior

Lot Description Back Lane, Landscaped

Additional Information

Date Listed June 16th, 2025
Zoning R4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty Experts Group Ltd

Listing Map