Listing ID: A1037047

$315,777

5202 51 Avenue Castor, Alberta - MLS A1037047

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**5202 51 Avenue, Castor, Alberta, T0C0X0**
Property TypeMulti-family	Built in1959
Lot Size0.53 acres	Building Area5281 square feet

-Cherry Building- FULLY RENTED!$49,320 current rent per year. No better time in history to invest. Interest rates are sooo low! This 7-unit residential apartment building has had over $120,000 WORTH OF QUALITY IMPROVEMENTS! No stress for you. 7.8% Cap Rate. Great location close to school, downtown, green space. Includes the extra lot to the south. Great for expansion, extra parking or subdivide and sell. There are 4-two bedroom apartments and 3-one bedroom apartments. Tenants pay their own electric. Worlds best LIVE IN PROPERTY MANAGER already in place. It's a great property isn't it! Shouldn't it be yours? (id:30519)

**Details**
Amenities NearbyPark, Playground, Recreation Nearby	FeaturesNo Smoking Home
OwnershipFreehold	Parking Spaces14
Plan5868Z	StructureDeck
TransactionFor sale	Total Buildings1
Zoning DescriptionR2

**Building**
AppliancesRefrigerator, Stove, Washer & Dryer	Architectural StyleLow rise
BasementFull	Constructed Date1959
Construction MaterialPoured concrete, Wood frame	Construction Style AttachmentAttached
Exterior FinishConcrete	FlooringCarpeted, Vinyl
FoundationBlock, Poured Concrete	Heating FuelNatural gas
HeatingBaseboard heaters	Size Interior5281 sqft
Storeys Total2	Total Finished Area5281 sqft
TypeApartment	Utility WaterMunicipal water

**Land**
Size Total0.53 ac\|21,780 - 32,669 sqft (1/2 - 3/4 ac)	AmenitiesPark, Playground, Recreation Nearby
SewerMunicipal sewage system	Size Irregular0.53

Listing Office: Realty Executives Alberta Elite

Data Provided by Central Alberta REALTORS® Association

Last Modified :16/06/2021 04:49:42 PM

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association

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