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Courtesy of James J Knull of Exp Realty

10715 102 Street
Zone 08 Edmonton T5H 2T7

$999,000
Multi-Family Commercial

Main Photo: 10715 102 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4324550
Photo 1: 10715 102 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4324550
Photo 2: 10715 102 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4324550
Photo 3: 10715 102 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4324550
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4324550
Build. Type:
Low Rise (2-4 stories)
Great value in Central McDougal, just 5 minutes north of downtown and quick walk to LRT. The building features new security doors, a camera system and fob system for added security and convenience. Minor renovations have been completed as suites have become available. The building does require additional renovations to increase overall rentability. The opportunity to add value and build equity makes this building an appealing target. Current mortgage is assumable with sub 4% interest rates in the right circumstances
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Concrete Block
Building Type:
Low Rise (2-4 stories)
# Units:
11
Tot Pkg Spaces:
10
# Storeys:
3.0
Year built:
1973 (Age: 50)
Total Floor Area:
7,050 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
0122128
Title to Land:
Freehold
LINC Number:
0031952211
Num. of Parcels:
1
Cap Rate %:
4.8
Gross Operating Income:
$108,140
Other Income:
$2,000
Effective Gross Income:
$102,733
Net Operating Income:
$47,968
Total Oper. Expenses:
$54,765
Tot Expenses:
$0
Entry date:
Jan 18, 2023
  • Photo 1: 10715 102 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4324550
    Photo 1 of 3
  • Photo 2: 10715 102 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4324550
    Photo 2 of 3
  • Photo 3: 10715 102 Street in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4324550
    Photo 3 of 3
Data was last updated January 29, 2023 at 02:30 PM (UTC)
GREG STEELE
Copyright 2023 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.