Real Estate Investment:  Edmonton Multi Family Building - 13204-132 St.

About This Property                               

BUILDING

  • 5856 sqft 8 SUITE APARTMENT ON 9709 sqft RA7 LOT
  • EXTERIOR STUCCO
  • SECURED WALKUP (FRONT & REAR) WITH INTERCOM
  • 2 STOREY WOOD FRAME, BUILT 1963
  • LAUNDRY ROOM 1 SET WASHER/DRYER (COINAMATIC)
  • ALL UNITS HAVE FRIDGE & STOVE
  • PARKING PAVED WITH 8 STALLS INDIVIDUAL POWER, TENANTS PAY
  • LANDSCAPING VERY MATURE, LOW MAINTENANCE
  • NUMEROUS LONG TERM TENANTS, LOW VACANCY

UPGRADES

  • NEW HOT WATER TANK & BOILER PUMP 2012
  • FIRE ALARM SYSTEM UPGRADED TO MEET CODE
  • HALLWAYS UPDATED 2012
  • FRONT SIDEWALK & REAR PARKING PAVEMENT
  • MOST SUITES FRESHLY PAINTED, SOME NEW FLOORING

Asking Price $835,000 

Initial Cash Required: $186,500

Monthly Cash Flow: $1,033

Annual ROI: 28%

(10 Year Hold)

 

 

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info