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 |
|---|---|
| Price | $599,000 |
| Square Footage | 6,400 |
| Acres | 0.00 |
| Year Built | 1972 |
| Type | Multi-Family Commercial |
Community Information
| Address | 5223 50 St |
|---|---|
| Area | Beaver |
| Subdivision | Tofield |
| City | Tofield |
| Province | AB |
| Postal Code | T0B 4J0 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Construction | Wood Frame |
|---|
Additional Information
| Date Listed | April 25th, 2024 |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Zafar Malik Of Homes & Gardens Real Estate Limited |
|---|