See all 2 photos
2 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,242,000
Est. payment /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4419349
Year Built 1978
Property Description
This is a 2.5 story wood frame construction complex. Exterior upgraded with vinyl siding balcony surfaces and newer balconies. Torch on membrane roof replaced in 2007. Hot water heating system. Tenants pay for own power. All units have been upgraded on turnover. Mix 1 bachelor/6 x 1 bedroom/2 x 1 bedroom plus den. Upper units have a balcony, 2 units have 2 balconies. No vacancy. Easy to manage. Gross income over $105,000 per annum. Rents can be increased by June. Current cap rate 4.92%.
Location
State AB
Zoning Zone 08
Others
Tax ID 0010506336
Read Less Info
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Pam Gill • Sutton Central Commercial Real Estate