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Four 4 plex buildings, 16 two bedroom units in Elk Point. The buildings are located at the following locations: 5121 - 54 St; 5205 - 50 Ave; 5613 - 50 St; 5617 - 50 St. These building are well maintained and have a history of a very low vacancy rate.More details
Welcome to Sunrise Apts. A very well maintained and managed building located in the NW neighborhood of Woodcroft with proximity to all public transportation, retail stores, shops, and schools. Two 4PLEXES in one Lot! Easy access to Yellowhead Trail and 118th ave providing quick vehicle access throughout the city. This building has great curb appeal and pride of ownership can be seen throughout the grounds. Very Large Lot with great visibility. Easy to manage with 100% occupancy providing steady cash flows. Unit mix is six large 2 bed X 1 Bath apartments and 2 large one bedroom X 1 Bath units. 10 outdoor parking stalls. This property is ideal for first time investors, or increase unit count to your existing multi-family portfolio. Nearby neighborhoods include trendy restaurants and cafe spots.More details
Courtesy of Wally Fakhreddine of MaxWell Devonshire Realty
Status:
Active
MLS® Num:
E4375881
Build. Type:
Low Rise (2-4 stories)
Floor Area:
7,000 sq. ft.650 m2
AVERAGING OVER $85,000.00 A YEAR NET PROFIT! THE TAJ MAHAL OF ROOMING HOMES! CREATIVE FINANINCING AVAILBLE FOR THIS EXTREMLY WELL MAINTAINED 21 SUITE ROOMING HOME! Located in Downtown Edmonton this property has GENERATES FANTASTIC REVENUES and BOASTS 21 SUITES, 4 BATHROOMS (2 ON EACH FLOOR), COIN OPERATED LAUNDRY, FOB ENTRY and so much more! The lower level is currently used for storage along with office and workshop ALONG WITH IN-FLOOR HEATING. The average tenant has been long term (8 years on the average) and this property is in very good condition and managed professionally. Annual revenues for 2023 were $134,280.00 and net profits were $89,832.20 which would run over an 7% CAP RATE. This is definitely a JEWEL OF A PROPERTY AND IS A MUST SEE!More details
MOTIVATED SELLER!! Own Copperstone Manor with an 8.17% Cap Rate with excellent cashflows. This 24 suite apartment building was significantly renovated in 2019 with new luxury vinyl plank flooring throughout the suites; new paint; new bathrooms; new kitchen countertop and tile backsplash; new fire rated doors throughout, upgraded LED lighting, and too much to list. There is an excellent mix of 18 One Bedroom plus 6 Two Bedroom suites. 19 suites are fully furnished with everything to create an Airbnb suite for increased cashflows. Great for workers at oil field sites, forestry, and locals. Each suite is individually metered for electricity. Boiler was installed in 2010 and is well maintained. The 35 year rated roof shingles were installed in 2008. On-site caretaker and helper. Don't miss this opportunity to get a fantastic cashflowing property!! NO VTB OR ASSUMABLE MORTGAGE. See REALTOR's website for more details.More details
Ideal investment opportunity at 7.25% Cap. This commercial mixed use rooming house provides steady income stream with long term tenants in place. The building was completely renovated in 2001 right down to the studs with new plumbing, electrical and roofing. More recent upgrades includes LED lighting throughout, high-efficient hot water tank for residential supply. The building consist of 16 studio units. each floor has two common bathroom, a shower room and common kitchen. Two main floor commercial leases expires 2027.More details
Data was last updated April 18, 2024 at 02:30 AM (UTC)
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