$ 680,000
4816 53 ST Killam, AB T0B 2L0
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$ 680,000
Est. payment | /mo
14,940 SqFt
$ 680,000
Est. payment | /mo
14,940 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type for sale
Square Footage 14,940 sqft
Price per Sqft $45
MLS® Listing ID E4381066
Year Built 1966
Property Description
Fantastic value with reliable tenants in this 8 unit multi-family apartment complex. Located in Killam Alberta, Flagstaff Country, with a population of ~1000 people. This complex is located across the street from the Killam Health Care Centre, and is one of only two apartment buildings located in the town. Low maintenance tenant population, low vacancy rate. This building is a 1.5 story walk-up and consists of wood frame construction. Gable roof, balconies on upper units. New boiler 2023. 2x new H2O tanks 2022. Laundry facilities. Large, 14,940 square foot lot with 8 parking spaces. Mix of 2x 1-bedroom units, and 6x 2-bedroom units. The cap rate is 7.7%.
Location
State AB
Community Killam
Area Flagstaff
Building
Story 1.5
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Veronica Garth • Garth Realty Group Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "