12155 54 St Nw
54th St. NW, 118 Avenue, Edmonton, AB, T5W 3N4
Quick Summary
Quick Summary
- 21 units with 19 two bedroom and 2 three bedroom
- Roof and boiler replaced in early 2000s
- Must assume 1.5 million mortgage until June 2028
- Priced at $109,900 per door with 5.4 percent cap rate
- Next door lot also for sale at $399,900
- Close to schools, transit, amenities and shopping
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... Show More
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. (id:54626)
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