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Courtesy of Pam Gill of Sutton Central Commercial Real Estate

10640 103 Street
Zone 08 Edmonton T5H 2V5

$1,080,000
Multi-Family Commercial

Main Photo: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 1: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 2: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 3: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 4: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 5: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 6: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 7: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 8: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 9: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 10: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 11: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 12: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 13: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Photo 14: 10640 103 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4320401
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4320401
Build. Type:
Low Rise (2-4 stories)
Downtown walk to ICE District. This unique fully renovated 9 suite apartment complex is a gem. Easy to manage. No deferred maintenance. Exterior stucco recently painted. Gable roof replaced in 2019. Newly paved and extended parking lot. Current owner has completely renovated the building and all suites. Common area updated with new flooring, paint, lighting, sensor lights in common areas. New windows. Newer full size appliances installed in new kitchen with new cabinets, countertops, taps, and much more. Upper units have newly renovated balconies, landscaped and fenced. Self managed. A must see.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), See Private Remarks, Walk Up
# Units:
9
Tot Pkg Spaces:
9
# Storeys:
2.5
Year built:
1961 (Age: 61)
Total Floor Area:
7,500 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
B3
Title to Land:
Freehold
LINC Number:
0012916797
Num. of Parcels:
1
Cap Rate %:
4.24
Gross Operating Income:
$89,040
Other Income:
$1,296
Effective Gross Income:
$90,336
Net Operating Income:
$45,777
Total Oper. Expenses:
$42,752
Tot Expenses:
$42,752
Entry date:
Nov 17, 2022
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Data was last updated December 5, 2022 at 04:30 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.