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9407 114 Avenue in Edmonton: Zone 05 Multi-Family Commercial for sale : MLS®# E4278277
9407 114 Avenue Edmonton T5G 0K5 
$3,499,999Multi-Family CommercialCourtesy of Craig D Hummel of RE/MAX Excellence- Status:
- Active
- MLS® Num:
- E4278277
- Build. Type:
- Low Rise (2-4 stories)
- Floor Area:
- 7,920 sq. ft.
BUY WITH CONFIDENCE - operating at a 5.6 cap rate and almost a million dollars of renovations and upgrades completed in the last 3 years! 1916 building but with all the upgraes effective age is estimated to be only 20 years old. A strong mix of recently renovated units 10x 1 bedroom (rents from $900 - $1113 / month)and 13 x bachelor suites (Rents from $924 - $1040/ month). 14 parking stalls (some energized) on a newly gravelled lot. An extensive list of capital improvements is available. Registered with the crime-free multi-housing program. Has had asbestos remediated, newer boiler and 2 of 4 hot water tanks new. There is nothing left to do with this property other than managing the units. If you are looking for turn-key you have found it - most units have a gas stove. All units come with a stove, fridge and most have a microwave, Coin-o-Matic laundry on site. This is truly an investor's dream building! More details- GREG STEELE
- RE/MAX EXCELLENCE (EDMONTON)
- (780) 444-GREG (4734)
- greg@gregsteele.ca
Data was last updated May 25, 2022 at 02:30 PM (UTC)
#201, 5607 - 199 Street
Edmonton, Alberta T6M 0M8