49
4940 49 Street, #1-19 (no 3 or 13)
$2,490,777 Sale
Listed 79 days ago
· 0
· 0
· 30
· 6801
Key Facts
Key facts for 4940 49 Street, #1-19 (no 3 or 13)
Property Type
Apartment
Parking
Off Street,Parking Lot,Paved , Off Street,Parking Lot,Paved 30 parking
MLS #
A2234841
Size
6801 sqft
Basement
-
Listed on
-
Lot size
-
Days on Market
-
Year Built
1975
Maintenance Fee
-
Description
Rare Investment Opportunity – Fully Renovated Apartment Building in Rocky Mountain House Don’t miss this exceptional opportunity to own a fully tenanted, turn-key apartment building in the heart of Rocky Mountain House with potential to add 2 more stories! With $1 million in high-quality renovation...s, this 17-unit concrete and stone building is a rare asset—ideal for investors looking for long-term stability and returns. Other notable upgrades: new roof 2015, new windows 2016, new boiler 2020, and both pumps were rebuilt 2025. This professionally managed building features 16 well-designed studio apartments and one spacious one-bedroom unit. The expansive basement, formerly home to 30 underground parking stalls, offers incredible development potential. Whether you envision additional apartment units (subject to town approval), storage lockers, or a tenant recreation space, the possibilities are endless. A small office is already in place for property management or administrative use. Situated on one of the most desirable streets in Rocky Mountain House, the building boasts breathtaking west-facing mountain views, a large paved parking lot, and low-maintenance landscaping. With a concrete and stone exterior, minimal yard work, and close proximity to shopping, dining, and all local amenities, this is truly a prime addition to any investment portfolio.
Similar Properties (No results)
Courtesy of: Realty Executives Alberta Elite
Copyright Pillar 9™. All rights reserved. Information is deemed reliable but not guaranteed.