This property is listed by Jonn Pow of Century 21 Urban Realty.
Data was last updated 2024-05-19 at 03:28:52 GMT
Ideal investment opportunity at 7.25% Cap. This commercial mixed use rooming house provides steady income stream with long term tenants in place. The building was completely renovated in 2001 right down to the studs with new plumbing, electrical and roofing. More recent upgrades includes LED lighting throughout, high-efficient hot water tank for residential supply. The building consist of 16 studio units. each floor has two common bathroom, a shower room and common kitchen. Two main floor commercial leases expires 2027.
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4371505
- Neighbourhood:
- Mccauley
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $1,150,000
General Information
- Year Built:
- 1986
- Zoning/Land Use Code:
- For Sale
- Region:
- Edmonton
Additional Information
- Plan:
- A
- Legal Block:
- 13
- Legal Lot/Unit:
- 30
Other Information
- Land Size Hectares:
- 0
- Zoning/Land Use:
- CB2
- Building Type:
- Mixed Use
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.