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11805 47 Street in Edmonton: Zone 23 Multi-Family Commercial for sale : MLS®# E4371954

Courtesy of Jaime Lopresti of RE/MAX Excellence

11805 47 Street Edmonton T5W 2W7 : Zone 23

Main Photo: 11805 47 Street in Edmonton: Zone 23 Multi-Family Commercial for sale : MLS®# E4371954
$1,395,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4371954
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Welcome to Bev Manor. Great multi-family building located in the neighbourhood of Beacon Heights between Yellowhead Trail and North Saskatchewan River and is neighboured by Homesteader, Abbottsfield, Beverley and Newton. The Community of Beacon Heights is a traditional suburb, complete with tree-lined streets and large lots which now include some infill homes. Unit mix consists of Five 2 bedrooms and seven 1 bedrooms apartments. Very well maintained, rarely a vacancy, large units with balconies and a location that is good as it gets. Easy to manage with 100% occupancy providing steady cash flows. This property is ideal for first time investors, or increase unit count to your existing multi-family portfolio.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
See Remarks
Building Type:
Low Rise (2-4 stories), Multi Tenant/Multi Plex, Walk Up
# Units:
12
Tot Pkg Spaces:
12
# Storeys:
3.0
Year built:
1968 (Age: 56)
Total Floor Area:
Switch units of measure9,838 sq. ft.
Lot Area:
Switch units of measure0 sq. ft.
Plan:
8119AH
Title to Land:
Freehold
LINC Number:
0014821763
Num. of Parcels:
1
Cap Rate %:
4.6
Gross Operating Income:
$119,436
Other Income:
$0
Effective Gross Income:
$119,436
Net Operating Income:
$69,422
Total Oper. Expenses:
$50,014
Tot Expenses:
$50,014
Days On Website:
Switch units of measure266 day(s)
Data was last updated October 24, 2024 at 02:30 AM (UTC)
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