Address
10729 108 ST NW, Edmonton, AB
Price
$ 2,850,000
Property Attributes
  • ID#E4347122
  • TypeMulti-Family
  • CityEdmonton
  • NeighbourhoodCentral Mcdougall
  • Postal CodeT5H 3A4
  • Style
  • Price$ 2,850,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16652
  • Lot Size0.344399 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Assumable Mortgage 2.35% | Creative financing will be considered | Exciting investment opportunity in downtown Edmonton! This commercial multi-family apartment is perfect for both entry-level and seasoned investors. With 16 one-bedroom units, 3 two-bedroom units, and 5 bachelor units, this property offers a diverse range of living options. Fully occupied with no vacancy, it guarantees immediate cash flow and boasts a high cap rate. Zoned as R8A, it offers flexibility for expansion and development. Built in 1963 on a 15,000+/- sq.ft. RA8-zoned lot, it provides ample parking. Close to Rogers Arena, Grant MacEwan, Royal Alex Hospital, Kingsway Mall, and downtown. Access to LRT. Upgrades include a 2010 SBS Membrane Roof, energy-efficient systems, and eco-conscious fittings. Low and varied rental rates allow for potential increase. All proposals are welcome. *Please do not approach tenants* (id:7434)

General Features

Property Type Multi-family
Neighbourhood Central Mcdougall
Parking Space Total 22

Interior Features

Building Fireplace Present False

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in T5H 3A4

Price
AVG $2.85M
$2.85M
Visits
AVG 433
438
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1963