Office Listings

Courtesy of Reena A Yost of RE/MAX River City

10715 84 Avenue
Zone 15 Edmonton T6E 2H8

$2,100,000
Multi-Family Commercial

Main Photo: 10715 84 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4256426
Photo 1: 10715 84 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4256426
Photo 2: 10715 84 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4256426
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Photo 12: 10715 84 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4256426
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Photo 17: 10715 84 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4256426
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4256426
Build. Type:
Walk Up
INVESTMENT OPPORTUNITY! Chance to own a Fully Rented Income Producing Property in a low vacancy community! PRIME LOCATION!!! Located in Garneau close to the University of Alberta and steps from Whyte Avenue this property has easy access to transit, downtown, shopping, restaurants & all the local festivals! This 12 suite building consists of 9- 1 bedroom units, 1 -2 bedroom unit & 2- 3 bedroom units! Fully rented spacious suites(ranges from 875 sq. ft. to 1100 sq. ft.)!!! There have been several renovations throughout the building and suites. Great curb appeal, balconies, located on a tree lined street and ample parking in the back. Great addition to your investment portfolio!
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Walk Up
# Units:
12
Tot Pkg Spaces:
12
# Storeys:
3.0
Year built:
1980 (Age: 42)
Total Floor Area:
13,045 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
RN6
Title to Land:
Fee Simple
LINC Number:
0015391444
Num. of Parcels:
1
Cap Rate %:
4.2
Gross Operating Income:
$150,000
Other Income:
$2,592
Effective Gross Income:
$148,014
Net Operating Income:
$88,301
Total Oper. Expenses:
$59,713
Tot Expenses:
$0
Entry date:
Jul 29, 2021
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Data was last updated January 19, 2022 at 12:30 AM (UTC)
Copyright 2022 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.