1 day on Market

5012 48 ST, Camrose, Alberta T4V1M1

Detached
6
4
~2500.8869 sqft
$395,000
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Detached
6
4
~2500.8869 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$157/sqft

Est. Mortgage$1,696/mo

Tax Amount ()-

Days On Market1 day


Description

INVESTORS! Take a look at the best investment you've seen in 2025. This 4PLEX in the heart of Camrose is listed at $395,000 and brings in $3,950/month. Fully at the 1% rule. A rare thing these days. This property has been great for the current owner with no vacancy at the property for over 5 years! With almost ZERO vacancy according to CMHC, it makes sense! This property features Two 2 bedrooms, One 1 bedroom, and a bachelor unit. The bachelor unit was renovated in 2019, the top 2 bedroom unit was fully renovated in 2020/2021. The other units are perfectly rentable and have been updated as needed. It also has newer shingles, soffit, facia and eavestroughs as well as newer windows. Property was originally in another community and was moved onto an 80's foundation in its current location! This is perfect for the new or seasoned investor alike. For someone in their 20's just starting out, you could even live in one of the units and rent out the other 3 and essentially live for free! Come take a look today! (id:39198)


Property Details

StyleFourplex, Attached
View-
Age of property1940
SqFt~2500.8869 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberE4418483
Community NameCamrose
Data SourceCREA
Listing byRE/MAX Elite

Features

Heating: Baseboard heaters, Space Heater
Basement: Full (Finished), Suite

Basement Floor

Bedroom 5

Bedroom 6


Property History

Jan 17, 2025
ListedActive
$395,000
1 day on market
history photo preview50
Listing by crea®
Property listed by RE/MAX Elite, Brokerage
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Population and Demographics

Overview

Total population 18029
Average household income $109,782

Age (%)

65 and plus
24%
0 to 19
22%
50 to 64
19%
20 to 34
18%
35 to 49
17%

Household composition (%)

Single family
60%
Single person
34%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
92%
Others
4%
Tagalog (Pilipino, Filipino)
2%

House tenancy (%)

Owners
66%
Renters
34%

Schools and amenities

Estimated Budget

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