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5202 51 Avenue
Castor AB T0C0X0 Canada

$315,777real 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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Freehold

$315,777real estate property listed by Realty Executives real estate property listing

Active Listing ID A1037047
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5202 51 Avenue Who would like to own their own apartment building for the price of a city half duplex! This quality building is in an awesome location. Castor has everything a thriving town needs. They have a hospital, school, shopping and a swimming pool.THIS BUILDING IS FULLY RENTED and there is a waiting list! $50, 100 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. 6.6% 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? (id:203)

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Property Features

  • Facts
  • Property Type: Multi-family
  • Property Sub-type: Freehold
  • Land.Acreage: false
  • ParkingSpaceTotal: 14
  • Features
  • Exterior Finish: Concrete
  • Floor Covering: Carpeted, Vinyl
  • Heating Fuels: Natural gas
  • Heating Systems: Baseboard heaters
  • Features: No Smoking Home
Listing Changed: 7/14/2021 12:39:04 AM GMT
Source Updated Date: 10/16/2021 9:56:24 PM GMT

Courtesy of: Penny Kander, Salesperson, Realty Executives Alberta Elite