Realty Executives Alberta Elite

Serving Central Alberta

Realty Executives Alberta Elite

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5202 51 Avenue
Castor AB T0C 0X0 Canada

$369,777real estate property listed by Realty Executives real estate property listing

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5,281 square feet
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Built in 1959
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Lot: 23,000.00 acre
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Residential Units

$369,777real estate property listed by Realty Executives real estate property listing

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5202 51 Avenue -Cherry Building- FULLY RENTED! $48, 420 in anticipated rent. Fully rented! No better time in history to invest. Interest rates are sooo low! This 7-unit residential apartment building has had over $100, 000 WORTH OF QUALITY IMPROVEMENTS JUST COMPLETED! No stress for you. 6.1% Cap Rate. Great location close to school, downtown, green space. Includes the extra lot to the south. Great for expansion or extra parking. There are 4-two bedroom apartments and 3-one bedroom apartments. (4) 2 bedrooms and (1) 1 bed rooms all on 1 year leases except 1. Tenants pay their own electric. LIVE IN PROPERTY MANGER already in place. It's a great property isn't it! Shouldn't it be yours?

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Property Features

  • Facts
  • Built in: 1959
  • Lot Size: 23,000.00 acre
  • Property Type: Commercial
  • Property Sub-type: Residential Units
  • Features
  • Roof Type: Metal
  • Heating Systems: Baseboard heaters, Natural Gas
Listing Changed: 4/24/2019 12:12:03 AM GMT
Source Updated Date: 7/20/2019 8:05:48 PM GMT