$ 1,150,000
10703 98 ST NW NE Edmonton, AB T5H 2N8
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$ 1,150,000
Est. payment | /mo
5,790 SqFt
$ 1,150,000
Est. payment | /mo
5,790 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type for sale
Square Footage 5,790 sqft
Price per Sqft $198
MLS® Listing ID E4371505
Year Built 1986
Property Description
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.
Location
Province AB
Community Mccauley
Area Edmonton
Building
Story 3
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Jonn Pow • Century 21 Urban Realty
Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
So if you are here to learn about the real estate and housing markets, learning specifically about the Edmonton and area real estate market, or investing in real estate, I can be your guide!
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