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Listing Details

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Courtesy of Dustin Batuik, Rosanne Gevy of Sterling Real Estate.
Data was last updated 2024-11-23 at 17:43:00 GMT

11045 129 ST NW   Edmonton, AB

$1,999,888
MLS®: E4406300
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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!

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

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This property is listed by Dustin Batuik, Rosanne Gevy of Sterling Real Estate and provided here courtesy of SUNNYSIDE REALTY LTD. For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
SUNNYSIDE REALTY LTD
Phone: 780-674-5998
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.