50 Av Unit 5102

For Sale 113 Days
$699,900
beds
baths
4,638 Sqft

50 Av Unit 5102

For Sale 113 Days
$699,900
beds
baths
4,638 Sqft

Highlights

Key insights

Description

14 UNITS + MANAGER'S SUITE - IN SEDGEWICK, ALBERTA ~ 1 hr & 45 min. East from Edmonton, 55 minutes to Camrose or 10 min. to Killam. Suite makeup comprises 12 - 1 Bdrms. and 2 - 2 Bdrms. + a 2 Bdrm. Manager's unit. Many recent renovations this year in multiple units incl.; floors, kitchens, bathrooms, toilets, plumbing, and most lighting changed to LED to reduce power costs. Other updates include roof (2016) and windows (2003). Coin-op laundry available, energized parking stalls, detached garage for maintenance equipment & supplies. Boiler is old, but has been well maintained. Public school and playground is right across the street. Many long term tenants with low vacancy. A solid and smart opportunity for an investor looking to easily self manage with fantastic cash flow and a strong CAP rate of 10.87% (not including any annual debt service). Currently fully rented. (id:63267)

Wendy Hamel of RE/MAX River City,
#E4445092
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Exterior
  • # parking spaces
    16
Location
  • Subdivision
    Sedgewick
Lot/ Land Details
  • Lot dimensions
    33800
Overview
  • Lot size (acres)
    0.79417294
  • Listing #
    E4445092
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28539090/5102-50-av-sedgewick-sedgewick
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,866

/ Month
25 Years fixed, 20% down payment, % interest
$
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%
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