Main Photo: 10131-10141 154 Street in Edmonton: Zone 21 Multi-Family Commercial for sale : MLS®# E4148903
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4148903
Build. Type:
Walk Up
Marilyn & Lynn Manor $103,214/door. 2 buildings, 1 lot, 28 legal units all separately metered. This is a perfect turn key package for any investor. Significant recent major capital work has been completed including roofs, exteriors, (1/2 windows) major mechanical, boilers, hot water tanks, common area flooring, paint, lighting, suite renos and so much more. 12-1 bedrooms, 1-1+den, 15-2 bedrooms. Located 1 block north of Stony Plain Road on 154 St, which is on the path of the new west LRT. Stabilized gross revenue $305,920. Presently a 5.86% Cap going in based on actual expenses or $4,334/door.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Walk Up
# Units:
28
Tot Pkg Spaces:
28
# Storeys:
3.0
Year built:
1966 (Age: 53)
Total Floor Area:
21,232 sq. ft.
Lot Area:
12,131 sq. ft.
Land Use/Zoning:
RA7
Lot Depth:
148'
Lot Frontage:
200'
Heating Source:
Natural Gas
Plan:
8120494
Title to Land:
Fee Simple
LINC Number:
2222204831
Corner Site
Units Include:
Fridge, Stove
HVAC:
Radiant
Fire Protection:
Fire Extinguishers
Power Type:
Three Phase
Reports Avail:
Building Plans, Condo/Strata Bylaws, Financial Statements, Pro-Forma
Num. of Parcels:
1
Cap Rate %:
5.86
Gross Operating Income:
$305,920
Other Income:
$0
Effective Gross Income:
$290,624
Net Operating Income:
$169,261
Total Oper. Expenses:
$121,363
Tot Expenses:
$0
Days on Mkt:
79
Entry date:
Mar 27, 2019
  • Photo 1: 10131-10141 154 Street in Edmonton: Zone 21 Multi-Family Commercial for sale : MLS®# E4148903
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Data was last updated June 13, 2019 at 12:30 PM (UTC)
Robert McLeod
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