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

Main Photo: 11045 129 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4406300
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4406300
Build. Type:
Low Rise (2-4 stories)
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.
Lot Area:
13,993.08 sq. ft.
Lot Depth:
1397'
Lot Frontage:
100'
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)
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Data was last updated November 19, 2024 at 12:30 AM (UTC)
Lisa Yakimchuk
Cell: 780-280-1101
Office: 780-406-0099
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.