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Courtesy of David G Parker of Northfield Commercial

11837 106 Street
Zone 08 Edmonton T5G 2R2

$1,170,000
Multi-Family Commercial

Main Photo: 11837 106 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4314101
Photo 1: 11837 106 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4314101
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4314101
Build. Type:
Walk Up
This nine suite apartment building is located at 11837 - 106 Street in Edmonton, Alberta in the Westwood neighbourhood. It is a two and a half storey low-rise, wood-frame construction building with balconies. It was built in 1978. There is ample paved and energized surface parking behind the building. The suite mix is 1 studio suite, 6 one-bedroom suites, and 2 one-bedroom +den suites. In 2021 this property received sevreal upgrades including: All new decks and railings, new vinyl siding, and the stucco was repaired and upgraded. Also the roof was replaced in 2007. All units have newer laminate and/or vinyl plank flooring and freshly painted walls.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Walk Up
# Units:
9
Tot Pkg Spaces:
9
# Storeys:
2.5
Year built:
1978 (Age: 44)
Total Floor Area:
7,500 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
RN52
Title to Land:
Freehold
LINC Number:
0010506336
Num. of Parcels:
1
Cap Rate %:
3.93
Gross Operating Income:
$91,485
Other Income:
$0
Effective Gross Income:
$91,485
Net Operating Income:
$46,025
Total Oper. Expenses:
$45,457
Tot Expenses:
$0
Entry date:
Sep 20, 2022
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Data was last updated October 1, 2022 at 02:30 AM (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.