52.218323 -111.90125

5202 51 Avenue Castor, AB T0C 0X0

231725270 52.218323 -111.90125 788 /listing/231725270-150112689/5202-51-avenue-castor-ab-t0c-0x0 False 0 349777.0 105 CA0157759 False
  • $349,777
  • 23000.00 Sq Ft lot

Property & Neighborhood Info

Courtesy Of Realty Executives Alberta Elite

Multi-Family in Castor

-Cherry Building- FULLY RENTED!$48,420 in anticipated rent. No better time in history to invest. Interest rates are sooo low! This 7-unit residential apartment building has had over $100,000 WORTH OF QUALITY IMPROVEMENTS JUST COMPLETED! No stress for you. 6.1% Cap Rate. Great location close to school, downtown, green space. Includes the extra lot to the south. Great for expansion or extra parking. There are 4-two bedroom apartments and 3-one bedroom apartments. (4) 2 bedrooms and (1) 1 bed room. All on one year leases except 1. Tenants pay their own electric. LIVE IN PROPERTY MANAGER already in place. It's a great property isn't it! Shouldn't it be yours?

Courtesy Of Realty Executives Alberta Elite
  1. 23000.00 Sq Ft Lot

Main Features

  • Listing Status: Active
  • Year Built: 1959
  • County: Paintearth
  • Taxes: $3,636.69
  • Tax Year: 2018
  • Units: 7
  • Zoning: R2
  • MLS® Number:CA0157759

Additional Features

  • Flooring:
    • Vinyl Plank
  • Construction:
    • Concrete Block
    • Frame - Wood
  • Property Sub Type:
    • Sevenplex
  • Roof:
    • Metal
  • Water Source:
    • Municipal
  • Foundation:
    • Concrete
    • Full Basement
  • Exterior Features:
    • Deck
  • Lot Description:
    • Standard
  • Parking:
    • Off Street Parking
    • Parking - Plug-In
    • Rear Parking
  • Parking Spaces:
    • 10
  • Heating:
    • Baseboard heaters
    • Natural Gas
  • Sewer:
    • Municipal
  • Fire Protection:
    • Alarm - Automatic
    • Smoke Detectors
  • Annual Expenses:
    • 14955.00
  • Lot Size Area SQFT:
    • 23000.00
  • MLSSystem ID:
    • Central Alberta
  • Possession:
    • Immediate
Neighborhood info courtesy of Homes.com © 2019
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Gordon Ing
Gordon Ing
Associate
4440 - 49th Avenue Red Deer AB T4N 3W6
52.218323 -111.90125

5202 51 Avenue Castor, AB T0C 0X0

231725270 52.218323 -111.90125 788 /listing/231725270-150112689/5202-51-avenue-castor-ab-t0c-0x0 False 0 349777.0 105 CA0157759 False
  • $349,777
  • 23000.00 Sq Ft lot