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Courtesy of Nigel A McLean of RE/MAX River City

10006 154 Street
Zone 22 Edmonton T5P 2G9

$799,995
Multi-Family Commercial

Main Photo: 10006 154 Street in Edmonton: Zone 22 Multi-Family Commercial for sale : MLS®# E4400986
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4400986
Build. Type:
Freestanding
Exceptional investment opportunity in this West jasper Place location! This 6 unit Multi-family building , with 3850 sq.ft of finished living space and an over 7378 sq.ft LOT, ZONED : 2.40 RM - Medium Scale Residential is perfect for any level investor. Property boasts upper balconies and a range of modern upgrades. Improvements include an alarm/security system, updated windows, a 2009 GABLE roof, eavestroughs, plumbing, hot water & pressure tanks and Each suite has been renovated, with one recently completed to a high standard. The building is professionally managed and maintained, offering substantial potential for growth. With 6 energized parking spaces and possible tandem parking, plus convenient access to public transit and the new LRT line within walking distance, this property is an excellent investment prospect. An amazing WALKSCORE of 84, close to West Edmonton Mall, schools, shopping and all the conveniences needed to attract the best, NOW is the TIME!
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Concrete Block, Wood Frame
Building Type:
Freestanding, Low Rise (2-4 stories), Multi Tenant/Multi Plex
# Units:
6
Tot Pkg Spaces:
6
# Storeys:
3.0
Year built:
1961 (Age: 63)
Total Floor Area:
3,850 sq. ft.
Lot Area:
0 sq. ft.
Plan:
6334ET
Title to Land:
Freehold
LINC Number:
0016207102
Num. of Parcels:
1
Cap Rate %:
4.1
Gross Operating Income:
$64,574
Other Income:
$1,295
Effective Gross Income:
$64,574
Net Operating Income:
$32,552
Total Oper. Expenses:
$32,022
Tot Expenses:
$32,022
Days On Website:
111 day(s)
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Data was last updated November 26, 2024 at 04:30 AM (UTC)
NIGEL MCLEAN
Copyright 2024 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.