5102 50 Av Sedgewick, Alberta T0B 4C0
$699,900
14 UNITS + MANAGER'S SUITE - IN SEDGEWICK, ALBERTA ~ 1 hr & 45 min. East from Edmonton and 40 minutes to Camrose. Suite makeup comprises 12 - 1 Bdrms. and 2 - 2 Bdrms. + the 2 Bdrm. Manager's suite (which could be rented out instead). Many recent renovations this year in multiple units incl.; floors, kitchens, bathrooms, toilets, plumbing, and most lighting changed to LED to reduce power costs. Other updates include roof (2016) and windows (2003). Coin-op laundry available, energized parking stalls, detached garage for maintenance equipment & supplies. Boiler is old, but has been well maintained. Public school and playground is right across the street. Many long term tenants with low vacancy. A solid and smart opportunity for an investor looking to easily self manage with fantastic cash flow and a strong CAP rate of 7.7% (not including any annual debt service) with the potential to increase. (id:59126)
Property Details
| MLS® Number | E4445092 |
| Property Type | Multi-family |
| Neigbourhood | Sedgewick |
| Amenities Near By | Schools |
| Parking Space Total | 16 |
Building
| Constructed Date | 1947 |
| Size Interior | 4,638 Ft2 |
Land
| Acreage | No |
| Land Amenities | Schools |
| Size Irregular | 33800 |
| Size Total | 33800 Sqft |
| Size Total Text | 33800 Sqft |
https://www.realtor.ca/real-estate/28539090/5102-50-av-sedgewick-sedgewick
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July 03 2025 04:51:04
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