5111 49 Street, Caroline, Alberta

$309,900

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2,080

Square feet

0.14

Acres

About 5111 49 Street

Looking to invest in real estate? Check out The Fairmont — an affordable 4-plex in Caroline, Alberta with all 4 units currently occupied! This investment property features four up/down suites, each offering 3 bedrooms, 1 bathroom, a bright front kitchen/living area, in-suite laundry, storage, and separate furnace and hot water tanks. With low vacancy rates and steady rental income, it’s a smart choice whether you're starting your rental portfolio or expanding it. Rear and front off-street parking available. Owner pays water, sewer, and garbage—tenants pay their own gas and power. A solid investment in a growing community! Photos are of Unit D when it was vacant.

Features of 5111 49 Street

MLS® # A2221185
Price $309,900
Bathrooms 0.00
Square Footage 2,080
Acres 0.14
Year Built 1990
Type Multi-Family
Sub-Type 4 plex
Status Active

Community Information

Address 5111 49 Street
Subdivision NONE
City Caroline
County Clearwater County
Province Alberta
Postal Code T0M 0M0

Amenities

Parking Spaces 4
Parking Off Street, Parking Pad
Is Waterfront No
Has Pool No

Interior

Appliances Electric Stove, Refrigerator, Washer/Dryer
Heating Forced Air, Natural Gas
Fireplace No
Has Basement No

Exterior

Lot Description Back Lane, Back Yard, Landscaped, Level

Additional Information

Date Listed May 26th, 2025
Days on Market 6
Zoning R1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty Experts Group Ltd

Listing Map