Glen & Ralayne Good

Good Homes, Good Prices, Good People!

(780) 729-5537

My Listings

Courtesy of Glen R Good of RE/MAX Real Estate

4727 50 Avenue
None Legal T0G 1L0

$265,000
Multi-Family Commercial

Main Photo: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 1: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 2: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 3: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 4: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 5: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 6: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 7: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 8: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 9: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 10: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 11: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 12: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Photo 13: 4727 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4353423
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4353423
Bus Major:
Food & Beverage
Bus Minor:
FB - Coffee Shop
Build. Type:
Residential Mix
Are you looking to start an investment portfolio or possibly add to your current one? Look no further because this is a no-brainer. Great building, great location, excellent long term tenants and for an older building this one is in great shape. Several new or newer upgrades which include: boiler, roof, windows, balconies, siding, some paint, flooring and plumbing upgrades as well. This property consists of 2 main floor commercial spaces and 2 upper 2 bedroom apartments. Very easy to manage and maintain
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Coffee Shop
Construction:
Wood Frame
Building Type:
Residential Mix
# Bldgs:
1
# Units:
2
Tot Pkg Spaces:
4
# Storeys:
2.0
Year built:
1976 (Age: 47)
Total Floor Area:
3,853 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
C1
Lot Depth:
150'
Lot Frontage:
57'
Plan:
7922640
Title to Land:
Freehold
LINC Number:
0012545663
None Known
# Elevators:
0
# Docks:
0
Num. of Parcels:
1
Cap Rate %:
6.41
Gross Operating Income:
$37,400
Other Income:
$0
Effective Gross Income:
$37,400
Net Operating Income:
$17,010
Total Oper. Expenses:
$19,589
Tot Expenses:
$19,589
Days On Website:
47 day(s)
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Data was last updated September 24, 2023 at 12:30 PM (UTC)
Glen & Ralayne Good
Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.