Not Logged In. Sign In Now | Register
Courtesy of RE/MAX Real Estate.
Data was last updated 2025-01-05 at 04:19:24 GMT
What a price for 21 UNITS!!! This building has 19 two bedroom units and 2 three bedroom units which is great for long term tenants. Roof & boiler replaced in the early 2000s. Mortgage of 1.5M until June 2028 must be assumed. Priced at $109,900/door, a current CAP rate of 5.4%, and a stabilized CAP rate of 6.83%, this is an investor's dream! Plus the next door 69X123ft RA7 zoned lot on a 8516sq.ft 22 unit building pocket is also for sale at $399,900 (E4353770/ 12149-54st). Located close to schools, transit, amenities, and shopping, tenants will love living here.
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4365946
- Neighbourhood:
- Newton
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $2,307,900
General Information
- Year Built:
- 1969
VIP-Only Information
- Sign-Up or Log-in to view full listing details:
- Sign-Up / Log In
This property is listed by RE/MAX Real Estate and provided here courtesy of
Kyle Rossiter.
For more information or to schedule a viewing please contact Kyle Rossiter.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.