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Courtesy of Jeneen Marchant of RE/MAX Real Estate.
Data was last updated 2024-05-20 at 03:53:04 GMT
$2,307,900

12155 54 ST NW   Edmonton, AB

MLS®: E4365946
URL:    
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.
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:
Multi-Family (Commercial)
Status:
Active
City:
Edmonton
MLS® Number:
E4365946
Neighbourhood:
Newton
Area:
Edmonton
Province:
AB
Listing Price:
$2,307,900

General Information

Year Built:
1969
Zoning/Land Use Code:
For Sale
Region:
Edmonton

Additional Information

Plan:
2120203
Legal Block:
68
Legal Lot/Unit:
20A

Other Information

Land Size Hectares:
0
Building Type:
Condo Complex

VIP-Only Information

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This property is listed by Jeneen Marchant of RE/MAX Real Estate and provided here courtesy of John Carter. For more information or to schedule a viewing please contact John Carter.
John Carter
RE/MAX River City (Commercial Division)
Phone: 1-877-417-2626
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.