780-893-9987 RE/MAX River City

Multi-Family Residential Building for Sale

Courtesy of Wendy Hamel of RE/MAX River City

Property For Sale In Sedgewick, Flagstaff

 Multi-Family Residential Building for Sale, MLS® # E4445092

14 UNITS + MANAGER'S SUITE - IN SEDGEWICK, ALBERTA ~ 1 hr & 45 min. East from Edmonton, a55 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.

Contact Melody Kilbank About MLS® E4445092

Required Field

Melody Kilbank, 780-893-9987 at RE/MAX River City, 13120 St. Albert Trail NW, Edmonton, Alberta, T5L 4P6

property information

  • Property Type: Multi-Family Residential Building
  • MLS®#: E4445092
  • Year Built: 1947
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Community Information

  • Neighbourhood: Sedgewick
  • City: Flagstaff
  • Postal Code: T0B 4C0
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$699,900

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