Mukul Oberoi & Associates
RE/MAX Excellence
Your Trusted Partners in Real Estate.
Contact us at 780-204-2000 for all your property needs.
Courtesy of Adel Hanafi of RE/MAX Excellence
10416 86 Avenue NW
Edmonton
T6E 2M5
$1,294,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4399331
- Build. Type:
- Low Rise (2-4 stories)
- Photos (11)
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Orion Estates • Located in a high demand area just steps away from parks and the Edmonton River Valley • The common areas along with most suites have been extensively upgraded including the paint, dishwasher, lighting, countertops & tile floors • Video security system with digital recorder • Rent upgrades done to the exterior: fascia metal siding, balcony rails, parking lot surface, and fencing & roof • Over $335,000 in reno’s & labour improvements • Seller has recently rezoned the property to allow for more future uses
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Low Rise (2-4 stories), Walk Up
- # Units:
- 8
- Tot Pkg Spaces:
- 8
- # Storeys:
- 2.5
- Year built:
- 1965 (Age: 59)
- Total Floor Area:
- 5,883 sq. ft.
- Lot Area:
- 0 sq. ft.
- Plan:
- I
- Title to Land:
- Freehold
- LINC Number:
- 0015530976
- Num. of Parcels:
- 1
- Cap Rate %:
- 6.06
- Gross Operating Income:
- $115,380
- Other Income:
- $1,920
- Effective Gross Income:
- $117,300
- Net Operating Income:
- $77,863
- Total Oper. Expenses:
- $39,436
- Tot Expenses:
- $39,436
- Days On Website:
- 55 day(s)
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Data was last updated September 19, 2024 at 06:30 PM (UTC)
- MUKUL OBEROI
- 5607 199 ST. #201, EDMONTON, AB T6M0M8
- 1 (780) 6765000
- Contact by Email
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Office: 780-204-2000
admin@mukuloberoi.ca
Head Office
#5607 199 St NW #201
Edmonton, AB, T6M 0M8