Address
11826 83 ST NW, Edmonton, AB
Price
$ 1,560,000
Property Attributes
  • ID#E4350313
  • TypeMulti-Family
  • CityEdmonton
  • NeighbourhoodEastwood
  • Postal CodeT5B 2Z3
  • Style
  • Price$ 1,560,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13213
  • Lot Size0.344674 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details. (id:7434)

General Features

Property Type Multi-family
Neighbourhood Eastwood
Parking Space Total 15

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 T5B 2Z3

Price
AVG $1.56M
$1.56M
Visits
AVG 446
448
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1971