10729 108 St Nw, Edmonton, Alberta T5H 3A4 (25757654)
10729 108 St Nw Edmonton, Alberta T5H 3A4
$2,850,000
Assumable Mortgage 2.35% | Creative financing will be considered | Exciting investment opportunity in downtown Edmonton! This commercial multi-family apartment is perfect for both entry-level and seasoned investors. With 16 one-bedroom units, 3 two-bedroom units, and 5 bachelor units, this property offers a diverse range of living options. Fully occupied with no vacancy, it guarantees immediate cash flow and boasts a high cap rate. Zoned as R8A, it offers flexibility for expansion and development. Built in 1963 on a 15,000+/- sq.ft. RA8-zoned lot, it provides ample parking. Close to Rogers Arena, Grant MacEwan, Royal Alex Hospital, Kingsway Mall, and downtown. Access to LRT. Upgrades include a 2010 SBS Membrane Roof, energy-efficient systems, and eco-conscious fittings. Low and varied rental rates allow for potential increase. All proposals are welcome. *Please do not approach tenants* (id:36938)
Property Details
| MLS® Number | E4347122 |
| Property Type | Multi-family |
| Neigbourhood | Central Mcdougall |
| Parking Space Total | 22 |
Building
| Constructed Date | 1963 |
| Size Interior | 16652 Sqft |
Land
| Acreage | No |
| Size Irregular | 15002 |
| Size Total | 15002 Sqft |
| Size Total Text | 15002 Sqft |
https://www.realtor.ca/real-estate/25757654/10729-108-st-nw-edmonton-central-mcdougall
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January 15 2024 09:46:04
REALTORS® Association of Edmonton
Century 21 All Stars Realty Ltd