Courtesy Of Pam Gill Of Sutton Central Commercial Real Estate

5109 51 Street, Wabamun, AB

$1,618,000

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About 5109 51 Street

This 2.5 story wood frame construction apartment complex is located in the popular town of Wabamun. Wabamun is home to over 1,000 residents. Just 45 kilometer west of Edmonton. Wabamun is home to the popular Wabamun lake (walking distance). Numerous summer and winter fishing spots and boat launches. The building consists of 17 units - mix of 2x bachelor / 15 x1 bedrooms. All fully rented. Newer boiler. Professionally managed. Gross income over 195,000/annually. You won't find a cap rate of 7.26% anywhere else. assumable mortgage

Features of 5109 51 Street

MLS® # E4408857
Price $1,618,000
Bathrooms 0.00
Acres 0.00
Year Built 1978
Type Multi-Family Commercial
Status Active

Community Information

Address 5109 51 Street
Area Wabamun
Subdivision Wabamun
City Wabamun
County ALBERTA
Province AB
Postal Code T0E 2K0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Wood Frame, See Remarks
Construction Wood Frame, See Remarks

Additional Information

Date Listed October 2nd, 2024
Days on Market 82
Zoning Zone 93
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Pam Gill Of Sutton Central Commercial Real Estate

Listing Map