5202 51 Avenue

Castor Alberta T0C0X0

$369,777

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Address

Street Address
5202 51 Avenue
City
Castor
Province
Alberta
Postal Code
T0C0X0
Country
Canada

Property Features

Listing ID
ca0157762
Ownership Type
Freehold
Property Type
Multi-family

Property Description

-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? (id:2494)

Property Details

ID
20352724
Farm Type
Other
Lease Per Unit
square feet
Parking Space Total
14
Plan
5868Z
Price
369,777
Transaction Type
For sale
Zoning Description
R2

Building

Basement Type
Full
Constructed Date
1959
Construction Material
Wood frame, Concrete block
Fire Protection
Fire alarm system
Foundation Type
Concrete
Heating Type
Baseboard heaters
Roof Material
Metal
Roof Style
Unknown
Type
Multi-Family
Utility Water
Municipal water

Land

Size Total
0.53 ac|under 1 acre
Size Total Text
0.53 ac|under 1 acre
Sewer
Municipal sewage system
Size Irregular
0.53

Business

Business Type
Other
Business Sub Type
Other

Utility

Type
Cable
Description
Available

Type
Water
Description
Available

Type
Natural Gas
Description
Available

Type
Sewer
Description
Available

Type
Fully serviced
Description
Available

Listing Office: Realty Executives Alberta Elite