3907 3905 54 Street, Wetaskiwin
Unique 6-Plex Investment Opportunity in WetaskiwinDiscover this one-of-a-kind 6-plex offering exceptional versatility and long-term investment potential.Situated on a beautifully maintained property, this unique income-producing asset consists of two buildingsdesigned to appeal to a variety of tenants while providing an excellent opportunity for an owner-occupier.The original building features four suites, including three 2-bedroom, 1-bathroom units and one 1bedroom, 1-bathroom unit, all serviced by a shared coin-operated laundry facility, providing an additionalsource of income.Built in 2007, the second building is attached and offers two suites. The upper suite features 2 bedrooms, 1bathroom, and in-suite laundry. The impressive lower suite spans over 1,200 sq. ft. and includes 2bedrooms, 2 bathrooms, a dedicated office, in-suite laundry, and a single attached garage. This exceptionalunit presents the perfect opportunity for an owner to live on-site while managing the property and enjoyingthe benefits of homeownership alongside rental income.The property has been meticulously maintained over the years with numerous updates, including newshingles installed last year and newer windows, helping to minimize future capital expenses. The groundsare thoughtfully landscaped with mature greenery, apple trees, raspberry bushes, garden areas, and awelcoming fire pit, creating an attractive outdoor space for tenants to enjoy.Whether youre looking to expand your investment portfolio or seeking a property that allows you to liveon-site while generating strong rental income, this distinctive Wetaskiwin 6-plex offers a rare combinationof stability, flexibility, and pride of ownership (id:1945)
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Property details for 3907 3905 54 Street, Wetaskiwin
- Type
- Multi-family
Nearby Listings Stat
Estimated price and comparable properties near 3907 3905 54 Street
Active Listings
61
Min Price
$59,900
Max Price
$1,625,000
Avg Price
$354,601
Days on Market
92
days
Sold Listings
16
Min Sold Price
$49,900
Max Sold Price
$800,000
Avg Sold Price
$334,631
Days until Sold
81
days
Neighbourhood Census Data
Wetaskiwin, Alberta
Population
486
Median Age
32.9
Median Income
$31,104
Dwelling Value
$224,698
Housing Tenure
Owners 40%
Renters 63%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 2,614.3/km²
Avg Shelter Cost: $1,181/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 28.6%
Tenants Spending 30%+: 16.7%
English only: 95.9%
English and French: 4.1%
Neither: 1%
Median Household Income: $61,184
Median Employment Income: $32,096
Price History
Listed
July 29, 2026
by Exp Realty
Current Price
$769,900
Type
Multi-family
For Sale