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5009 54 Street
Prospect (Camrose) Camrose T4V 2A8

$1,789,000
Multi-Family 2,000 sq. ft. built: 2023

Main Photo: 5009 54 Street: Camrose 4 plex for sale : MLS®# A2234534
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2234534
Year Built:
2023
An Exceptional Investment Opportunity in the Heart of Camrose! This remarkable property offers a rare combination of income potential and modern living, featuring eight units across two fourplex buildings and a fully finished, heated triple car garage with two bays - all on one single titled lot. Perfectly positioned just moments from downtown Camrose, this investment gem blends convenience with contemporary style, making it a standout choice for savvy buyers. Eight spacious units boast an open-concept layout designed for comfort and functionality, including a lovely kitchen with stainless steel appliances, terrific living room, two bedrooms, one bathroom, beautiful flooring and in-unit laundry. Currently, all eight units are fully rented, delivering a steady and reliable cash flow from day one. The rented garage spaces further enhance the properties earning power, making this an investor’s dream. Whether you're seeking a turnkey income-generated asset or a home where you can live in one unit and rent out the others, this property offers unmatched versatility and long-term value. Situated in the heart of Camrose, these fourplexes are just steps away from downtown, providing residents with easy access to shopping, dining, entertainment and all essential amenities. This vibrant and connected lifestyle ensures strong tenant demand and lasting appeal. With its modern design, full occupancy, and strategic location, this property is a rare find. It’s ideal for investors looking to capitalize on a thriving rental market or homeowners wanting to offset their mortgage by renting out additional units. Don't miss your chance to own this income-producing treasure, the opportunities here are truly endless!
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Home Style:
Bi-Level
Total Living Area:
2,000 sq. ft.
Lot Frontage:
54'
Levels:
One
Year built:
2023 (Age: 2)
Bathrooms:
- (Full:-, Half:-)
Plan:
9222401
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
ICF Block
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Vinyl
Garage:
1
Garage Spaces:
3
Parking:
Alley Access, Garage Door Opener, Heated Garage, Oversized, Stall, Triple Garage Detached
Parking Places:
12
Parking Total/Covered:
12 / -
Prospect (Camrose)
Dishwasher, Range, Stove(s), Washer/Dryer Stacked, Window Coverings
8) Fridges, 8) stoves, 8) dishwashers, 8) stackable washer/dryers, window coverings, garage door opener & control
None Known
Title to Land:
Fee Simple
Interior Features:
Kitchen Island, Open Floorplan, Vinyl Windows
Patio And Porch Features:
Deck
Num. of Parcels:
0
Region:
Camrose
Zoning:
R3
Listed Date:
Jul 04, 2025
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Listed by Central Agencies Realty Inc.
Data was last updated July 5, 2025 at 08:05 AM (UTC)
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.