5009 54 Street, Camrose, Alberta

$1,789,000

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2,000

Square feet

About 5009 54 Street

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!

Features of 5009 54 Street

MLS® # A2234534
Price $1,789,000
Bathrooms 0.00
Square Footage 2,000
Acres 0.00
Year Built 2023
Type Multi-Family
Sub-Type 4 plex
Style Bi-Level
Status Active

Community Information

Address 5009 54 Street
Subdivision Prospect
City Camrose
County Camrose
Province Alberta
Postal Code T4V 2A8

Amenities

Parking Spaces 12
Parking Alley Access, Garage Door Opener, Heated Garage, Oversized, Stall, Triple Garage Detached
# of Garages 3
Is Waterfront No
Has Pool No

Interior

Interior Features Kitchen Island, Open Floorplan, Vinyl Windows
Appliances Dishwasher, Stove(s), Washer/Dryer Stacked, Window Coverings, Range
Heating Forced Air, Natural Gas
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Roof Asphalt Shingle
Construction Vinyl Siding, Wood Frame
Foundation ICF Block

Additional Information

Date Listed July 4th, 2025
Days on Market 2
Zoning R3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentral Agencies Realty Inc.

Listing Map