Office Listings
Courtesy of Dustin Batuik and Rosanne Gevy of Sterling Real Estate
11045 129 Street
Zone 07
Edmonton
T5M 0Y4
$1,999,888
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4406300
- Build. Type:
- Low Rise (2-4 stories)
- Photos (75)
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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!
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Low Rise (2-4 stories)
- # Bldgs:
- 1
- # Units:
- 12
- Tot Pkg Spaces:
- 12
- # Storeys:
- 2.5
- Year built:
- 1968 (Age: 56)
- Total Floor Area:
- 10,817 sq. ft.1,005 m2
- Lot Area:
- 13,993.08 sq. ft.1,300 m2
- Lot Depth:
- 1397'426 m
- Lot Frontage:
- 100'30.5 m
- Heating Source:
- Natural Gas
- Plan:
- RN60
- Title to Land:
- Freehold
- LINC Number:
- 0015253198
- Playground Nearby, Shopping Nearby, Public Transportation, Fenced Yard, Back Lane, Low Maintenance Landscape, Picnic Area, Schools
- Appliances Included, Window Coverings, Dishwashers, Paved Yard, Secured Building, Shared Laundry, See Remarks, Detectors Smoke, Hot Wtr Tank-Energy Star, No Animal Home, No Smoking Home, Storage-In-Suite, Hot Water Tankless, Vinyl Windows
- None Known
- Nearest Town:
- Edmonton
- # Elevators:
- 0
- # Docks:
- 0
- # Grade Doors:
- 2
- # Loading Doors:
- 0
- Units Include:
- Dishwasher, Fridge, Hoodfan, Stove
- Water Supply:
- Municipal
- Sewer Septic:
- Municipal/Community
- HVAC:
- Baseboard, Hot Water
- Fire Protection:
- Fire Extinguishers
- Reports Avail:
- Financial Statements, Pro-Forma
- Num. of Parcels:
- 1
- Cap Rate %:
- 5.34
- Gross Operating Income:
- $154,800
- Other Income:
- $2,400
- Effective Gross Income:
- $156,800
- Net Operating Income:
- $106,855
- Total Oper. Expenses:
- $47,945
- Tot Expenses:
- $47,945
- Days On Website:
- 67 day(s)67 day(s)
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Data was last updated November 19, 2024 at 12:30 AM (UTC)
- LISA YAKIMCHUK
- STERLING REAL ESTATE
- 1 (780) 2801101
- Contact by Email
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights
Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS®
Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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