Courtesy Of Zafar Malik Of Homes & Gardens Real Estate Limited
About 5223 50 St
"Fully Rented with 10% plus Cap Rate"Mix use Retail / 5 Commercial bays on main floor and 5 Residential suites on second floor. All 5 Commercial on Main Floor and all 5 Residential units on second floor are leased.Approximately 6400 Sq ft on both floors. All units have their own separate meters .Very good investment property with 10% plus Cap rate and long time tenants. Very close to Edmonton approximately 40 minutes & Sherwood Park AB approximately 20 minutes . Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020.
Features of 5223 50 St
MLS® # | E4383909 |
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Price | $599,000 |
Square Footage | 6,400 |
Acres | 0.00 |
Year Built | 1972 |
Type | Multi-Family Commercial |
Community Information
Address | 5223 50 St |
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Area | Beaver |
Subdivision | Tofield |
City | Tofield |
Province | AB |
Postal Code | T0B 4J0 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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# of Stories | 2 |
Has Basement | No |
Exterior
Construction | Wood Frame |
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Additional Information
Date Listed | April 25th, 2024 |
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RE / Bank Owned | No |
Listing Details
Office | Courtesy Of Zafar Malik Of Homes & Gardens Real Estate Limited |
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