Mix use Retail / Commercial on main floor and Residential suites on second floor. 4 Retail / Commercial units are on therein floor and 5 residential apartments are second floor.It can be 5 commercial units are on main floor as well because one unit is big and not divided. Approximately 6500 Sq ft on 2 floors. Very good investment property with 8.7% Cap rate and long time tenants. Very close to Edmonton & Sherwood Park AB. Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020. (id:19690)
MLS® Number | E4281118 |
Property Type | Multi-family |
Neigbourhood | Tofield |
Constructed Date | 1972 |
Size Interior | 6500 Sqft |
Acreage | No |
Size Irregular | 3250 |
Size Total | 3250 Sqft |
Size Total Text | 3250 Sqft |
https://www.realtor.ca/real-estate/24130574/5223-50-st-tofield-tofield
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