$2,850,000
10729 108 ST NW Edmonton, AB T5H 3A4
26
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$2,850,000
Est. payment /mo
16,652 SqFt
Active
10729 108 ST NW Edmonton, AB T5H 3A4
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type for sale
Square Footage 16,652 sqft
Price per Sqft $171
MLS® Listing ID E4347122
Year Built 1963
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*
Location
Province AB
Community Central Mcdougall
Area Edmonton
Building
Story 2.5
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Sean Gerke • Century 21 All Stars Realty Ltd
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