Courtesy Of Jeneen Marchant Of RE/MAX Real Estate

12155 54 St Nw, Edmonton, AB

$2,307,900

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19,932

Square feet

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
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Jeneen Marchant Of RE/MAX Real Estate

Listing Map

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