Realty Executives Alberta Elite

Serving Central Alberta

Realty Executives Alberta Elite

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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 CA0188255
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Built in 1959
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Lot: 0.53 acre
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Multi Family

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

Active Listing ID CA0188255
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5202 51 Avenue -Cherry Building- FULLY RENTED!$49, 200 in anticipated rent. 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! 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. (4) 2 bedrooms and (1) 1 bed room. 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: Commercial
  • Property Sub-type: Multi Family
  • Features
  • Roof Type: Metal
  • Heating Systems: Baseboard, Natural Gas
Listing Changed: 7/5/2020 12:26:53 AM GMT
Source Updated Date: 7/6/2020 4:58:19 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.