5223 50 St, Tofield, Alberta

$599,000

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6,400

Square feet

0.07

Acres

About 5223 50 St

Fully Rented with 10% plus Cap RateMix use Retail / 5 Commercial bays on main floor and 5 Residential suites on second floor. All 5 Commercial on Main Floor and all 5 Residential units on second floor are leased.Approximately 6400 Sq ft on both floors. All units have their own separate meters .Very good investment property with 10% plus Cap rate and long time tenants. Very close to Edmonton approximately 40 minutes & Sherwood Park AB approximately 20 minutes . Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020. (id:36535)

Features of 5223 50 St

Listing # E4383909
Price $599,000
Bathrooms 0.00
Square Footage 6,400
Acres 0.07
Year Built 1972
Type Multi-family

Community Information

Address 5223 50 St
Subdivision Tofield
City Tofield
Province Alberta
Postal Code T0B4J0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of Zafar A. Malik Of Homes & Gardens Real Estate Limited

Listing Map