Multifamily Properties
Courtesy of Wally Fakhreddine of MaxWell Devonshire Realty
10856 97 Street
Edmonton
T5H 2M5
$1,100,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4388992
- Build. Type:
- Commercial Mix
- Photos (34)
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A GOLDEN OPPURTUNITY TO OWN A MIXED COMMERCIAL BUILDING NEAR THE DOWNTOWN EDMONTON CORE WHICH OFFER 3 STOREYS WITH TWO LARGER COMMERCIAL RETAIL BAYS ON THE MAIN LEVEL AND A TOTAL OF 6 SUITES ON SECOND, THIRD AND LOWER LEVEL SITUATED RIGHT ON 97 STREET. This building is fully occupied with 2 commercial retail bays on the main floor and 6 residential apartment suites on the upper floors and basement. (2 X one bedroom suite ; 2 X two bedroom suite ; 2 X three bedroom suite). A parking lot is at the back which could accommodate 10-12 cars. The CAP rate is over 8%. Come take a look and you won't be disappointed
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Concrete Block
- Building Type:
- Commercial Mix
- # Units:
- 6
- Tot Pkg Spaces:
- 12
- # Storeys:
- 3.0
- Year built:
- 1964 (Age: 60)
- Total Floor Area:
- 6,160 sq. ft.
- Lot Area:
- 0 sq. ft.
- Plan:
- A
- Title to Land:
- Freehold
- LINC Number:
- 0013810114
- Num. of Parcels:
- 1
- Cap Rate %:
- 9.0
- Gross Operating Income:
- $136,000
- Other Income:
- $0
- Effective Gross Income:
- $0
- Net Operating Income:
- $98,000
- Total Oper. Expenses:
- $38,000
- Tot Expenses:
- $0
- Days On Website:
- 147 day(s)
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Data was last updated October 18, 2024 at 06:30 AM (UTC)
- JILL JORDAN
- RE/MAX REAL ESTATE
- 1 (780) 7773434
- Contact by Email
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Jill Jordan
jilljordan@remax.net
Cell:
780-777-3434
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