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Courtesy of Wendy Hamel of RE/MAX River City

5102 50 Avenue
Sedgewick Sedgewick T0B 4C0

$699,900
Multi-Family Commercial

Main Photo: 5102 50 Avenue: Sedgewick Multi-Family Commercial for sale : MLS®# E4445092
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4445092
Build. Type:
Low Rise (2-4 stories)
14 UNITS + MANAGER'S SUITE - IN SEDGEWICK, ALBERTA ~ 1 hr & 45 min. East from Edmonton and 40 minutes to Camrose. Suite makeup comprises 12 - 1 Bdrms. and 2 - 2 Bdrms. + the 2 Bdrm. Manager's suite (which could be rented out instead). 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
Price Per SqFt:
$150.91
Taxes:
Lot Area:
33,800 sq. ft.
Lot Frontage:
260'
Lot Depth:
130'
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
Association Fee Frequency:
Association Fee Amount:
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:
3 day(s)
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Data was last updated July 3, 2025 at 07:30 PM (UTC)
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.
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