Courtesy Of Pam Gill and Karm S Sidhu Of Sutton Central Commercial Real Estate
About 5024 50 Avenue
This unique 6 plex is located in downtown Redwater, Alberta. Built in 1998, wood frame construction. Hot water heating system. Hot water tank replaced in 2004. Each unit has been renovated with plank flooring, stainless steel appliances, separately metered for power. All have separate entrances. Current owner spent over $140,000 in renovation. Excellent mix 1x1 brm/5x2brm. Gross annual income over $78,000. Cap rate of 7.39%.
Features of 5024 50 Avenue
| MLS® # | E4397851 |
|---|---|
| Price | $710,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1998 |
| Type | Multi-Family Commercial |
| Status | Active |
Community Information
| Address | 5024 50 Avenue |
|---|---|
| Area | Redwater |
| Subdivision | Redwater |
| City | Redwater |
| County | ALBERTA |
| Province | AB |
| Postal Code | T0A 2W0 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | Wood Frame |
|---|---|
| Construction | Wood Frame |
Additional Information
| Date Listed | July 17th, 2024 |
|---|---|
| Days on Market | 139 |
| Zoning | Zone 60 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Pam Gill and Karm S Sidhu Of Sutton Central Commercial Real Estate |
|---|