12155 54 St Nw, Edmonton, Alberta T5W 3N4 (26301909)
12155 54 St Nw Edmonton, Alberta T5W 3N4
$2,307,900
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:36938)
Property Details
| MLS® Number | E4365946 |
| Property Type | Multi-family |
| Neigbourhood | Newton |
| Parking Space Total | 21 |
Building
| Constructed Date | 1969 |
| Size Interior | 19932 Sqft |
Land
| Acreage | No |
| Size Irregular | 19798 |
| Size Total | 19798 Sqft |
| Size Total Text | 19798 Sqft |
https://www.realtor.ca/real-estate/26301909/12155-54-st-nw-edmonton-newton
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February 21 2024 07:45:59
REALTORS® Association of Edmonton
RE/MAX Real Estate