12155 54 St Nw, Edmonton, Alberta T5W 3N4

$2,307,900
12155 54 ST NW
39
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. (id:47825)

Address: 12155 54 ST NW
Address Line1: 12155 54 ST NW
City: edmonton
Province: Alberta
Postal Code: T5W3N4
Country: Canada
Neighbourhood: Newton
Price: $2,307,900
Bedrooms: 0
Bathrooms: 0
MLS ID: E4365946
Lease: 0.00
Listing Contract Date: 2023-11-22
Parking Space Total: 21
Property Type: Multi-family
Constructed Date: 1969
Fireplace Present: False
Size Interior: 19932 sqft
Size Total: 19798 sqft
Size Total Text: 19798 sqft
Acreage: false
Size Irregular: 19798
Parking:
Custom Listing: 0
Board: 10

Jeneen L. Marchant (1822851)

Agent Details
Jeneen L. Marchant (1822851) Associate

(780) 904-4240

(780) 447-1695

RE/MAX Real Estate

Agent Office
RE/MAX Real Estate

200-10835 124 St NW
Edmonton, Alberta T5M 0H4

(780) 488-4000

(780) 447-1695

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Contact - Property Single

5001 Lake Dr, Rural Wetaskiwin County, Alberta T0C 2C0
Township 62 Rg Rd 411, Rural Bonnyville M.d., Alberta T9M 1P4