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5102 50 AV, Sedgewick, AB T0B4C0
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$699,900
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Home Details for 5102 50 AV
Price
$699,900
Type
Multi Family
Year Build
1947
Listing #
E4445092
On exitrealty.com
137 days
Property Description
14 UNITS + MANAGER'S SUITE - IN SEDGEWICK, ALBERTA ~ 1 hr & 45 min. East from Edmonton, 55 minutes to Camrose or 10 min. to Killam. Suite makeup comprises 12 - 1 Bdrms. and 2 - 2 Bdrms. + a 2 Bdrm. Manager's unit. Many recent renovations this year in multiple units incl.; floors, kitchens, bathrooms, toilets, plumbing, and most lighting changed to LED to reduce power costs. Other updates include roof (2016) and windows (2003). Coin-op laundry available, energized parking stalls, detached garage for maintenance equipment & supplies. Boiler is old, but has been well maintained. Public school and playground is right across the street. Many long term tenants with low vacancy. A solid and smart opportunity for an investor looking to easily self manage with fantastic cash flow and a strong CAP rate of 10.87% (not including any annual debt service). Currently fully rented. (id:31684)
Listing Courtesy: RE/MAX River City
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5034-51 Avenue, Whitecourt, AB T7S 1P5
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$699,900
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5034-51 Avenue, Whitecourt, AB T7S 1P5