This property is listed by RE/MAX River City.
Data was last updated 2025-06-25 at 20:18:11 GMT
$699,900

5102 50 Avenue   Sedgewick, Alberta

MLS®: E4445092
URL:    
14 UNITS + MANAGER'S SUITE - IN SEDGEWICK, ALBERTA ~ 1 hr & 45 min. East from Edmonton, 55 minutes to Camrose or 10 min. to Killam. Suite makeup comprises 12 - 1 Bdrms. and 2 - 2 Bdrms. + a 2 Bdrm. Manager's unit. 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 10.87% (not including any annual debt service). Currently fully rented.

Listing Information

Prop. Type:
Commercial Sale
Status:
Active
City:
Sedgewick
MLS® Number:
E4445092
Area:
Edmonton
Province:
Alberta
Listing Price:
$699,900

General Information

Year Built:
1947

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Location


Gurinder Grewal
Maxwell Polaris
202, 9618 42 Ave, Edmonton, Alberta
Office: 780-450-6300
Mobile: 780-709-7484
Fax: 780-450-6670
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.