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Courtesy of Doug Singleton of Royal LePage Noralta Real Estate

15404 100 Avenue
Zone 22 Edmonton T5P 0K8

$699,900
Multi-Family Commercial

Main Photo: 15404 100 Avenue in Edmonton: Zone 22 Multi-Family Commercial for sale : MLS®# E4269591
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4269591
Build. Type:
Low Rise (2-4 stories)
Great investment for your Future! From the moment you walk up you see a well maintained updated property with a sense of pride from the long time owners. Offers 4 x 1 bedroom units, 1 x 2 bedroom and 1 x 1 bedroom + den. All suites are non-smoking and pet free. There are 6 energized parking stalls on the west side of the building with the possibility of tandem parking for smaller vehicles. The building has a laundry room with token machines providing for additional income. The property has recent upgrades including modern kitchens cabinets with soft close doors & drawers, laminate counters & baths. Newer flooring in suites and common areas. Shingles replaced in 2016 along with soffits & eaves. Balconies including patio garden doors were recently re-built. It's a secure building with security cameras with an intercom system to each suite, secure front & back doors & members of EPS safe building co-operative. A very central location with access to public transportation including the future LRT.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Walk Up
# Bldgs:
1
# Units:
6
Tot Pkg Spaces:
6
# Storeys:
3.0
Year built:
1971 (Age: 50)
Total Floor Area:
6,772 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Heating Source:
Natural Gas
Plan:
6334ET
Title to Land:
Fee Simple
LINC Number:
0011641388
Corner Site, Flat Site, Playground Nearby, Shopping Nearby, Public Transportation, Low Maintenance Landscape, Paved Lane, Public Swimming Pool, Schools
Laundry-Coin-Op, Laundry-Common, No Animal Home, No Smoking Home
No Smoking Building, Pets
Units Include:
Fridge, Stove
Fire Protection:
Automatic Alarm, Fire Extinguishers
Num. of Parcels:
1
Cap Rate %:
6.23
Gross Operating Income:
$60,732
Other Income:
$1,800
Effective Gross Income:
$62,532
Net Operating Income:
$43,453
Total Oper. Expenses:
$18,899
Tot Expenses:
$18,899
Entry date:
Nov 13, 2021
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Virtual Tour

Data was last updated December 2, 2021 at 02:30 AM (UTC)
GREG STEELE
Copyright 2021 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.