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For sale
  • C$495,000

    5407 48th Ave #1-6, Forestburg, AB T0B 1N0

    --beds
    --baths
    3,082sqft
    Apartment
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    C$161/sqft
    C$-- HOA

    What's special

    Shared mechanical roomDual accessDedicated gravel parking stalls
    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.
    43 days
    on Zillow
    |
    11
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 16, 2025 at 03:25am

    Listed by:

    Nolin Maurier, Broker,

    Realty Experts Group Ltd,

    Nicole Maurier, Associate,

    Realty Experts Group Ltd

    Source: courtesy of Pillar9 System,MLS®#: A2227785MLS LogoOriginating MLS®#: Central Alberta
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    Facts & features

    Interior

    Heating
    • Boiler, Natural Gas
    Appliances
    • Included: Electric Stove, Refrigerator, Washer/Dryer
    • Laundry: Common Area
    Interior area
    • Total interior livable area: 3,082 sqft
    • Finished area above ground: 518

    Property

    Parking
    • Total spaces: 6
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Features: Back Lane, Landscaped
    Details
    • Parcel number: 56766293
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Condition
    • New construction: No
    • Year built: 1976

    Community & HOA

    Community
    • Subdivision: NONE
    Location
    • Region: Forestburg

    Financial & listing details

    • Price per square foot: C$161/sqft
    • Date on market: 6/16/2025
    • Inclusions: N/A
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