Courtesy Of Jeneen Marchant Of RE/MAX Real Estate
About 12155 54 St Nw
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.
Features of 12155 54 St Nw
| MLS® # | E4365946 |
|---|---|
| Price | $2,307,900 |
| Square Footage | 19,932 |
| Acres | 0.00 |
| Year Built | 1969 |
| Type | Multi-Family Commercial |
Community Information
| Address | 12155 54 St Nw |
|---|---|
| Area | Edmonton |
| Subdivision | Newton |
| City | Edmonton |
| Province | AB |
| Postal Code | T5W 3N4 |
Amenities
| Parking Spaces | 21 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Construction | Wood Frame |
|---|
Additional Information
| Date Listed | November 22nd, 2023 |
|---|---|
| Zoning | RA7 |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Jeneen Marchant Of RE/MAX Real Estate |
|---|