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Courtesy of Terrie M Reekie of RE/MAX River City

11715 124 Street
Zone 07 Edmonton T5M 0L1

$2,300,000
Multi-Family Commercial

Main Photo: 11715 124 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4341795
Photo 1: 11715 124 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4341795
Photo 2: 11715 124 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4341795
Photo 3: 11715 124 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4341795
Photo 4: 11715 124 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4341795
Photo 5: 11715 124 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4341795
Photo 6: 11715 124 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4341795
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4341795
Build. Type:
Condo Complex
Great suite mix in this 20 unit low-rise; 2 bachelor , 6 one bedroom, 9 two bedroom and 3 three bedroom units. Many upgrades over the years including balconies, windows, mechanical, siding, suite upgrades, roof and common areas. Located in Inglewood on a bus route, less than 10 minutes to Downtown, Kingsway, Nait, Macewan University, RAH and walking distance to Westmount. Easy access to Yellowhead Trail and major commuter routes. Building is currently a Condominium Plan, financial information is stabilized.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Condo Complex, Walk Up
# Units:
20
Tot Pkg Spaces:
20
# Storeys:
3.0
Year built:
1968 (Age: 55)
Total Floor Area:
13,670 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA8
Plan:
0426397
Title to Land:
Freehold
LINC Number:
0030800346
Num. of Parcels:
1
Cap Rate %:
5.38
Gross Operating Income:
$235,128
Other Income:
$0
Effective Gross Income:
$219,952
Net Operating Income:
$123,732
Total Oper. Expenses:
$96,220
Tot Expenses:
$96,220
Entry date:
May 22, 2023
  • Photo 1: 11715 124 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4341795
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Data was last updated June 9, 2023 at 04:30 PM (UTC)
TERRIE REEKIE
Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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