$ 2,307,900
12155 54 ST NW Edmonton, AB T5W 3N4
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$ 2,307,900
Est. payment | /mo
19,932 SqFt
$ 2,307,900
Est. payment | /mo
19,932 SqFt
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
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Jeneen Marchant • RE/MAX Real Estate
Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
So if you are here to learn about the real estate and housing markets, learning specifically about the Edmonton and area real estate market, or investing in real estate, I can be your guide!
I would love to connect!