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Courtesy of Jeneen Marchant of RE/MAX Real Estate

12155 54 Street, Commercial for sale in Newton Edmonton , Alberta , T5W 3N4

 MLS® # E4365946

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Days on Market

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, ...

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Essential Information

  • MLS® #
    E4365946
  • Year Built
    1969
  • Building Type
    Condo Complex
  • MLS® #
    E4365946
  • Year Built
    1969
  • Building Type
    Condo Complex
  • MLS® #
    E4365946
  • Year Built
    1969
  • Building Type
    Condo Complex

Community Information

  • Area
    Edmonton
  • Neighbourhood/Community
    Newton
  • Postal Code
    T5W 3N4
  • Area
    Edmonton
  • Neighbourhood/Community
    Newton
  • Postal Code
    T5W 3N4
  • Area
    Edmonton
  • Neighbourhood/Community
    Newton
  • Postal Code
    T5W 3N4

Exterior

  • Construction
    Wood Frame
  • Construction
    Wood Frame
  • Construction
    Wood Frame

Additional Details

  • Property Class
    Multi-Family Commercial
  • Last Updated
    1/3/2024 21:1
  • Property Class
    Multi-Family Commercial
  • Last Updated
    1/3/2024 21:1
  • Property Class
    Multi-Family Commercial
  • Last Updated
    1/3/2024 21:1

$2,307,900

12155 54 Street

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$10510/month
Est. Monthly Payment
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Mortgage values are calculated by Redman Technologies Inc based on values provided in the REALTOR® Association of Edmonton listing data feed.