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Listing Details

For more information on this listing or other please contact me.

Courtesy of Gary Mah of Exp Realty.
Data was last updated 2024-05-07 at 20:53:53 GMT

11826 83 ST NW   Edmonton, AB

$1,560,000
MLS®: E4350313
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Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details.

Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details.

Listing Information

Prop. Type:
Multi-Family (Commercial)
Status:
Active
City:
Edmonton
MLS® Number:
E4350313
Neighbourhood:
Eastwood
Area:
Edmonton
Province:
AB
Listing Price:
$1,560,000

General Information

Year Built:
1971
Zoning/Land Use Code:
For Sale
Region:
Edmonton

Additional Information

Plan:
RN76
Legal Block:
2
Legal Lot/Unit:
9, 10

Other Information

Land Size Hectares:
0
Building Type:
Low Rise (2-4 stories)

VIP-Only Information

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This property is listed by Gary Mah of Exp Realty and provided here courtesy of SUNNYSIDE REALTY LTD. For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
SUNNYSIDE REALTY LTD
Phone: 780-674-5998
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.