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5202 51 Avenue
Castor Alberta T0C 0X0 Canada

$349,777real estate property listed by Realty Executives real estate property listing

Active Listing ID A1037047
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5,281 square feet
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Built in 1959
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Lot: 0.53 acre
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$349,777real estate property listed by Realty Executives real estate property listing

Active Listing ID A1037047

5202 51 Avenue -Cherry Building- FULLY RENTED!$49, 320 current rent per year. No better time in history to invest. Interest rates are sooo low! This 7-unit residential apartment building has had over $120, 000 WORTH OF QUALITY IMPROVEMENTS! No stress for you. 7.8% Cap Rate. Great location close to school, downtown, green space. Includes the extra lot to the south. Great for expansion, extra parking or subdivide and sell. There are 4-two bedroom apartments and 3-one bedroom apartments. Tenants pay their own electric. Worlds best LIVE IN PROPERTY MANAGER 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: 0.53 acre
  • Property Type: Multi-Family
  • Property Sub-type: Apartment
  • Features
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Metal
  • Heating Systems: Baseboard, Natural Gas


  • Class Description: Listing
  • Additional Parcels YN: 0
  • Appliances: Electric Stove, Refrigerator, Washer/Dryer
  • Architectural Style: Low-Rise(1-4)
  • Basement: Full
  • Bathrooms Total Interger: 0
  • Building Area Total: 0.00
  • Building Area Total Metres: 0.00
  • Building Area Total SF: 0.00
  • City: Castor
  • Community Features: Park, Playground, Pool
  • Construction Materials: Concrete, Wood Frame
  • County Or Parish: Paintearth No. 18, County of
  • Days On Market: 263
  • DOM Date: 2021-06-15T19:16:23.000
  • Ensuite YN: 0
  • Flooring: Carpet, Vinyl
  • Foundation Details: Block, Poured Concrete
  • Garage YN: 0
  • Heating: Baseboard, Natural Gas
  • Interior Features: No Smoking Home, Storage
  • Latitude: 52.21832100
  • List Agent Full Name: Penny Kander
  • Listing Id: A1037047
  • List Office Name: Realty Executives Alberta Elite
  • List Price: 349777.00
  • Living Area Metres: 490.62
  • Living Area SF: 5281.00
  • Longitude: -111.90149500
  • Lot Size Acres: 0.53
  • Lot Size Square Feet: 23087
  • Main Level Finished Area Units: SquareFeet
  • Mls Status: Active
  • New Construction YN: 0
  • Parking Features: Stall, Off Street
  • Parking Total: 14
  • Patio And Porch Features: Deck
  • Postal Code: T0C 0X0
  • Property Sub Type: Apartment
  • Property Type: Multi-Family
  • Roof: Metal
  • Sewer: Public Sewer
  • Standard Status: Active
  • State Or Province: Alberta
  • Stories Total: 2
  • Street Name: 51
  • Street Number: 5202
  • Street Suffix: Avenue
  • Structure Type: Low Rise (2-4 stories)
  • Subdivision Name: NONE
  • Upper Level Finished Area Units: SquareFeet
  • Water Source: Public
  • Year Built: 1959
  • Zoning: R2
Listing Changed: 6/15/2021 7:20:03 PM GMT
Source Updated Date: 6/16/2021 4:21:26 AM GMT

Courtesy of: Penny Kander, Realty Executives Alberta Elite

""Copyright 2020, Central Alberta Realtor Association""

The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.