Average square foot calculated using Size range provided by listing agent.
Description
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 7.7% (not including any annual debt service) with the potential to increase. (id:58753)Show Description
MLS® NumberE4445092
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1947
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
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