Courtesy Of Jennifer C Lucas Of Royal LePage Noralta Real Estate

5215 50 Street, Redwater, AB

$1,651,000

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About 5215 50 Street

Nestled in the heart of Alberta's rapidly growing Heartland, this 21-unit low-rise apartment building offers an exceptional investment opportunity. Located in Redwater, AB, this property is perfectly positioned to capitalize on the region's ongoing economic expansion, driven by significant investments in the energy and industrial sectors.Unit Mix:2 Studio Units, 10 One-Bedroom Units ,9 Two-Bedroom Units. Several units have been updated including kitchens , flooring and bathrooms. Balconies have been updated and some windows. 22 energized parking stalls.Close to schools, parks, shopping centers, and healthcare facilities, ensuring a convenient lifestyle for residents.Situated near major industrial projects and transpotransportation routes, providing easy access to employment hubs and commuting options.

Features of 5215 50 Street

MLS® # E4417936
Price $1,651,000
Bathrooms 0.00
Acres 0.00
Year Built 1968
Type Multi-Family Commercial
Status Active

Community Information

Address 5215 50 Street
Area Redwater
Subdivision Redwater
City Redwater
County ALBERTA
Province AB
Postal Code T0A 2W0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Brick, Concrete
Construction Brick, Concrete

Additional Information

Date Listed January 14th, 2025
Days on Market 6
Zoning Zone 60
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Jennifer C Lucas Of Royal LePage Noralta Real Estate

Listing Map