Edmonton, AB T5B 2Z3,11826 83 ST NW
Edmonton, AB T5B 2Z3,11826 83 ST NW
Edmonton, AB T5B 2Z3,11826 83 ST NW
36
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$1,560,000
Est. payment /mo
13,213 SqFt
Active

11826 83 ST NW Edmonton, AB T5B 2Z3

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type for sale

Square Footage 13,213 sqft

Price per Sqft $118

MLS® Listing ID E4350313

Year Built 1971

Property Description

Own Pine Manor with 7.93% Stabilized Cap Rate and ASSUMABLE MORTGAGE. 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 many 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.

Location

Province AB

Community Eastwood

Area Edmonton

Building

Story 2.5


Listed by Gary Mah • Exp Realty

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Jay Patel

REALTOR®

+1(825) 889-5383

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11826 83 ST NW