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Courtesy of John D Stobbe of Platinum Property Group Inc.

9631 106A Avenue
Zone 13 Edmonton T5H 0T1

$469,000
Multi-Family Commercial

Main Photo: 9631 106A Avenue in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4308080
Photo 1: 9631 106A Avenue in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4308080
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4308080
Build. Type:
Multi Tenant/Multi Plex
Welcome to the Patch House. A solid revenue property located in McCauley. This property is well maintained by the current owner and is currently 100% occupied. The rooming house has an onsite manager who runs the day to day operations. Recently painted throughout the common areas. Upgrades are done as required. Located close to public transit routes on both 95th and 97th Street, Rogers Place and downtown this property’s location is appealing to many prospective tenants. Parking is available in the back for those with a car. All annual inspections are done and update. An on-site manager assists with the day to day running of the property for the owner. Thus home includes 3 furnaces, 12 Fridges, 1 stove, 1 hot water tank.
Sale Type:
Asset or Share
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multi Tenant/Multi Plex, Rooming House
# Units:
12
Tot Pkg Spaces:
3
# Storeys:
4.0
Year built:
1913 (Age: 109)
Total Floor Area:
2,820 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
ND
Title to Land:
Fee Simple
LINC Number:
0014498281
Num. of Parcels:
1
Cap Rate %:
0.0
Gross Operating Income:
$79,000
Other Income:
$500
Effective Gross Income:
$79,500
Net Operating Income:
$55,500
Total Oper. Expenses:
$0
Tot Expenses:
$79,500
Entry date:
Aug 06, 2022
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Data was last updated August 13, 2022 at 02:30 PM (UTC)
GREG STEELE
Copyright 2022 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.