12155 54 ST NW Active Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T5W 3N4
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type for sale
Square Footage 19,932 sqft
Price per Sqft $115
MLS Listing ID E4365946
Year Built 1969
Property Description
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.
Location
Province AB
Community Newton
Area Edmonton
Building
Story 3