Courtesy of Terrie M Reekie of
RE/MAX River City
11715 124 Street
Edmonton
T5M 0L1
$2,300,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4341795
- Build. Type:
- Condo Complex
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Great suite mix in this 20 unit low-rise; 2 bachelor , 6 one bedroom, 9 two bedroom and 3 three bedroom units. Many upgrades over the years including balconies, windows, mechanical, siding, suite upgrades, roof and common areas. Located in Inglewood on a bus route, less than 10 minutes to Downtown, Kingsway, Nait, Macewan University, RAH and walking distance to Westmount. Easy access to Yellowhead Trail and major commuter routes. Building is currently a Condominium Plan, financial information is stabilized.
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Condo Complex, Walk Up
- # Units:
- 20
- Tot Pkg Spaces:
- 20
- # Storeys:
- 3.0
- Year built:
- 1968 (Age: 55)
- Total Floor Area:
- 13,670 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- RA8
- Plan:
- 0426397
- Title to Land:
- Freehold
- LINC Number:
- 0030800346
- Num. of Parcels:
- 1
- Cap Rate %:
- 5.38
- Gross Operating Income:
- $235,128
- Other Income:
- $0
- Effective Gross Income:
- $219,952
- Net Operating Income:
- $123,732
- Total Oper. Expenses:
- $96,220
- Tot Expenses:
- $96,220
- Entry date:
- May 22, 2023
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Data was last updated May 28, 2023 at 06:30 AM (UTC)
- TERRIE REEKIE
- RE/MAX RIVER CITY
- 1 (780) 9088090
- Contact by Email
T
R
Terrie M Reekie
Re/Max River City
Office Address:
13120 St. Albert Trail
Edmonton, AB, T5L 4P6