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Courtesy of Ravi Thakur of RE/MAX Excellence

11112 124 Street NW
Zone 07 Edmonton T5M 0J6

$1,050,000
Multi-Family Commercial

Main Photo: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Photo 1: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Photo 2: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Photo 3: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Photo 4: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Photo 5: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Photo 6: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Photo 7: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Photo 8: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4203026
Build. Type:
Freestanding
Well maintained, Two and Half Level, 9 unit multifamily is available for sale. This highly rentable building has six One Bedroom and 3 Bachelor suites. There are two sets of stairs, spacious floor plans and well lighted rooms. The laundry, equipment room and two storages are in the basements. The building is located along frequent bus routes and makes it convenient to take public transport or use personal vehicle to access most of the city. There are eight (8) parking stalls in the rear of the building.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Freestanding
# Units:
9
Tot Pkg Spaces:
8
# Storeys:
2.5
Year built:
1963 (Age: 57)
Total Floor Area:
5,000 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA8
Plan:
2531AB
Title to Land:
Fee Simple
LINC Number:
0019707710
Possession Date:
Aug 03, 2020
Num. of Parcels:
1
Cap Rate %:
4.7
Gross Operating Income:
$88,440
Other Income:
$0
Effective Gross Income:
$85,786
Net Operating Income:
$49,357
Total Oper. Expenses:
$36,429
Tot Expenses:
$36,429
Entry date:
Jun 24, 2020
  • Photo 1: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
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  • Photo 8: 11112 124 Street NW in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4203026
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Larger map options:
Data was last updated July 5, 2020 at 10:30 PM (UTC)
SANDY PON
Sandy Pon and Associates
Cell: 1-780-710-7101
Office: 1-780-481-2950
Toll Free: 1-866-481-2950
Toll Free Fax: 1-866-841-8766
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.