Listings
Courtesy of Wendy Hamel of RE/MAX River City
5102 50 Avenue
Sedgewick
Sedgewick
T0B 4C0
$699,900
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4445092
- Build. Type:
- Low Rise (2-4 stories)
- Photos (36)
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14 UNITS + MANAGER'S SUITE - IN SEDGEWICK, ALBERTA ~ 1 hr & 45 min. East from Edmonton, a55 minutes to Camrose or 10 min. to Killam. Suite makeup comprises 12 - 1 Bdrms. and 2 - 2 Bdrms. + a 2 Bdrm. Manager's unit. 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% (not including any annual debt service) with the potential to increase.
- Property Type:
- Multi-Family Commercial
- Transaction Type:
- For Sale
- Sale Type:
- Asset
- Lease Oper Costs Per Sq M:
- $0
- Lot Area:
- 33,800 sq. ft.3,140 m2
- Lot Frontage:
- 260'79.2 m
- Lot Depth:
- 130'39.6 m
- Stories Total:
- 2
- # of 2 Bedroom Apartments:
- 3
- # of Units:
- 15
- # of Other Units:
- 0
- # of Studio Apartments:
- 0
- # of Bachelor Apartments:
- 0
- Units Include:
- Fridge, Stove
- Year built:
- 1947 (Age: 78)
- Bathrooms:
- - (Full:-/Half:-)
- Plan:
- 5755S
- Building Type:
- Low Rise (2-4 stories)
- Heating Source:
- Natural Gas
- Reports Avail:
- None Available
- Num. of Parcels:
- 1
- Construction:
- See Remarks, Wood Frame, Other
- Roof:
- Asphalt Shingles
- Floor Finish:
- Carpet, Lino, Vinyl Plank
- HVAC:
- Baseboard
- Parking Space(s):
- 16
- Caretaker Unit, Laundry-Coin-Op, Laundry-Common
- Sedgewick
- Landscaped, Schools
- Private
- Seller Rights Reserved:
- No
- Zone:
- Zone 80
- Zoning:
- Zone 80
- Title to Land:
- Fee Simple
- Legal Lot:
- 15-24
- # Bldgs:
- 1
- LINC Number:
- 0010636777
- Env Assessment:
- No
- Days On Website:
- 11 day(s)11 day(s)
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Data was last updated July 11, 2025 at 03:30 AM (UTC)
- SHENITA PERSAUD-ZALLONI
- RE/MAX RIVER CITY
- 1 (780) 901-3256
- Contact by Email
Copyright 2025 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.
