Multi-Family Residential Building for Sale
Property For Sale In Sedgewick, Flagstaff
- MLS®#: E4445092
- Price: $699,900
- Year Built: 1947
14 UNITS + MANAGER'S SUITE - IN SEDGEWICK, ALBERTA ~ 1 hr & 45 min. East from Edmonton and 40 minutes to Camrose. Suite makeup comprises 12 - 1 Bdrms. and 2 - 2 Bdrms. + the 2 Bdrm. Manager's suite (which could be rented out instead). 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% with the potential to increase.
Contact Elisse Moreno About MLS® E4445092

Elisse Moreno, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- Property Type: Multi-Family Residential Building
- MLS®#: E4445092
- Year Built: 1947
Community Information
- Neighbourhood: Sedgewick
- City: Flagstaff
- Postal Code: T0B 4C0
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