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4931 50A Av

12 Unit Block of Flats £596,165 (£49,680/Unit) 6.94% Net Initial Yield Entwistle, AB T0E 0S0

Investment Highlights

  • All plumbing and electrical is up to date
  • Flat roof replaced in 2013
  • Hot water tank replaced in 2019

Executive Summary

This is a 3 story, wood-frame construction complex. Flat roof replaced in 2013. Hot water heating system. Hot water tank replaced in 2019. 3 units renovated recently. New appliances in the units. Upper units have a balcony. Lower units have a walk out patio. All plumbing and electrical is up to date. Self managed.

Property Facts

Price £596,165
Price Per Unit £49,680
Sale Type Investment
Net Initial Yield 6.94%
No. Units 12
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.60 AC
Building Size 9,470 SF
Number of Floors 3
Year Built 1980
Parking Ratio 1.16/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 2 - 685
2+1 10 - 810 - 865
  • Listing ID: 32322252

  • Date on Market: 02/07/2024

  • Last Updated:

  • Address: 4931 50A Av, Entwistle, AB T0E 0S0

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