Killam, AB T0B 2L0,4816 53 ST
Killam, AB T0B 2L0,4816 53 ST
Killam, AB T0B 2L0,4816 53 ST
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$680,000
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14,940 SqFt
Active

4816 53 ST Killam, AB T0B 2L0

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type for sale

Square Footage 14,940 sqft

Price per Sqft $45

MLS® Listing ID E4381066

Year Built 1966

Property Description

Fantastic value with reliable tenants in this 8 unit multi-family apartment complex. Located in Killam Alberta, Flagstaff Country, with a population of ~1000 people. This complex is located across the street from the Killam Health Care Centre, and is one of only two apartment buildings located in the town. Low maintenance tenant population, low vacancy rate. This building is a 1.5 story walk-up and consists of wood frame construction. Gable roof, balconies on upper units. New boiler 2023. 2x new H2O tanks 2022. Laundry facilities. Large, 14,940 square foot lot with 8 parking spaces. Mix of 2x 1-bedroom units, and 6x 2-bedroom units. The cap rate is 7.7%.

Location

Province AB

Community Killam

Area Flagstaff

Building

Story 1.5


Listed by Veronica Garth • Garth Realty Group Inc.

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Jay Patel

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4816 53 ST