10817 sqft
$1,999,888
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! (id:47041)
Property Details
MLS® Number
|
E4406300 |
Property Type
|
Multi-family |
Neigbourhood
|
Westmount |
Amenities Near By
|
Playground, Shopping, Public Transit, Schools |
Features
|
See Remarks, Lane, No Animal Home, No Smoking Home |
Parking Space Total
|
12 |
Building
Amenities
|
Vinyl Windows |
Constructed Date
|
1968 |
Fire Protection
|
Smoke Detectors |
Size Interior
|
10817 Sqft |
Land
Acreage
|
No |
Land Amenities
|
Playground, Shopping, Public Transit, Schools |
Size Irregular
|
13939.2 |
Size Total
|
13939.2 Sqft |
Size Total Text
|
13939.2 Sqft |