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Courtesy of Jeneen Marchant of RE/MAX Real Estate
12155 54 Street Nw, Newton in Edmonton
This is a Multi-Family Commercial Listing.
Work with an experienced agent who knows ~the Newton area~ View This Property
12155 54 Street Nw, Newton in Edmonton
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.
$2,307,900 - MLS® #E4365946
12155 54 Street Nw, Edmonton, AB
Essential Information
- MLS® #E4365946
- Price$2,307,900
- Price per Sqft116
- Price Per SqFt$116
- Square Footage19,932
- Acres0.00
- Year Built1969
- TypeMulti-Family Commercial
- Days on Website158
Amenities
- Parking Spaces21
Exterior
- ConstructionWood Frame
Listing information last updated on April 28th, 2024 at 9:00am MDT.