This property is listed by Dustin Batuik, Rosanne Gevy of Sterling Real Estate.
Data was last updated 2024-11-23 at 19:23:32 GMT
This TWELVE (12) Unit Apartment Building is "ONE OF FEW UNITS IN PRESTINE CONDITION!" here in Edmonton. One - 3 Bedroom: Five- 2 Bedrooms: Six- 1 Bedrooms. Grossing $156,800/Year with a 5.34% Cap Rate *** $351,800 Spent on Improvements since 2017!!! *** Including Improvements & NEW: Windows, Doors, Roof, Fire Alarms (The Entire System with City Permits/License), Intercom System, Security Cameras, Tank-Less HWT & Boiler System, Plumbing, Kitchen Suites, Flooring, Paint, Concrete... In other-words the word "EXTENSIVE" comes to mind. Every tenant have been hand-picked with Great Diligence & ALL Prefer to Stay! The Market Value Rents are Current & In-Line to keep the Tenants HAPPY! *** THIS is a TURN-KEY Building which would be PERFECT For the First Time Multi-Family Investor. Worth mentioning is the prestige of it being located in "WESTMOUNT" - Known to be one of Edmonton's Greater Character / Eclectic Neighborhoods just west of Downtown Edmonton. THIS IS THE ONE YOU WE'RE WAITING FOR!
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4406300
- Neighbourhood:
- Westmount
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $1,999,888
General Information
- Year Built:
- 1968
- Zoning/Land Use Code:
- For Sale
- Region:
- Edmonton
Additional Information
- Plan:
- RN60
- Legal Block:
- 9
- Legal Lot/Unit:
- 11 & 12
Other Information
- Land Size Acres:
- 0.32
- Land Size Hectares:
- 0.13
- Building Type:
- Low Rise (2-4 stories)
- Reports Available:
- Financial Statements, Pro-Forma
- Site Influences:
- Playground Nearby, Shopping Nearby, Public Transportation, Fenced Yard, Back Lane, Low Maintenance Landscape, Picnic Area, Schools
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.