Courtesy of Sarah J Leib of RE/MAX River City
9244 JASPER Avenue
Edmonton
T5H 3T4
$690,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4378290
- Build. Type:
- Freestanding
- Photos (19)
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Clean Building w/ Character! This 6-Plex is situated on a Corner Lot with availability for future development in "The Quarters''. Updates to the Building include new Roof w/ Insulation & Capping, HWT (2019) and some units have been renovated. Units are spacious, bright & carpet-free. Excellent suite mix (3-One Bedrooms & 3-Two Bedrooms). Safe property with a great tenant profile (adult). Currently Self-Managed and rental rates are presently below market value. Easily accessible Public Transit + Future Valley LRT Stop is a 6 mins walk. Steps away from the vast network of Edmonton's breathtaking River Valley walking & biking trails. Downtown, MacEwan University & NAIT are 10 - 30 mins away (car, bus or bike). Incredible Investment Opportunity!
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Freestanding, Low Rise (2-4 stories), Walk Up
- # Units:
- 6
- Tot Pkg Spaces:
- 5
- # Storeys:
- 3.0
- Year built:
- 1954 (Age: 70)
- Total Floor Area:
- 5,102 sq. ft.
- Lot Area:
- 0 sq. ft.
- Heating Source:
- Natural Gas
- Plan:
- RN23
- Title to Land:
- Freehold
- LINC Number:
- 0015416952
- Corner Site, Flat Site, Public Transportation
- Units Include:
- Fridge, Stove
- Water Supply:
- Municipal
- Sewer Septic:
- Municipal/Community
- Cap Rate %:
- 5.89
- Gross Operating Income:
- $77,697
- Other Income:
- $0
- Effective Gross Income:
- $77,697
- Net Operating Income:
- $40,659
- Total Oper. Expenses:
- $37,038
- Tot Expenses:
- $37,038
- Days On Website:
- 97 day(s)
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Photo 1 of 19 -
Photo 2 of 19
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Photo 3 of 19
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Hallway
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Hallway
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Kitchen
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Kitchen
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Kitchen
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Bathroom
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Living Room
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Living Room
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Living Room
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Living Room
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Bedroom
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Bedroom
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Floor Plan
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Floor Plan
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Photo 18 of 19
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Land/Lot
Data was last updated June 26, 2024 at 06:30 PM (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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