Multi-Family Residential Building for Sale
Property For Sale In Westmount, Edmonton
- MLS®#: E4406300
- Price: $1,999,888
- Year Built: 1968
This TWELVE (12) Unit Apartment Building is "ONE OF FEW UNITS IN PRESTINE CONDITION!" here in Edmonton. One - 3 Bedroom: Five- 2 Bedrooms: Six- 1 Bedrooms. Grossing $156,800/Year with a 5.34% Cap Rate *** $351,800 Spent on Improvements since 2017!!! *** Including Improvements & NEW: Windows, Doors, Roof, Fire Alarms (The Entire System with City Permits/License), Intercom System, Security Cameras, Tank-Less HWT & Boiler System, Plumbing, Kitchen Suites, Flooring, Paint, Concrete... In other-words the word "EXTENSIVE" comes to mind. Every tenant have been hand-picked with Great Diligence & ALL Prefer to Stay! The Market Value Rents are Current & In-Line to keep the Tenants HAPPY! *** THIS is a TURN-KEY Building which would be PERFECT For the First Time Multi-Family Investor. Worth mentioning is the prestige of it being located in "WESTMOUNT" - Known to be one of Edmonton's Greater Character / Eclectic Neighborhoods just west of Downtown Edmonton. THIS IS THE ONE YOU WE'RE WAITING FOR!
Contact Larry Ipsum About MLS® E4406300
Larry Ipsum, 780-425-6270 at Redman Tech Commercial Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3
property information
- Property Type: Multi-Family Residential Building
- MLS®#: E4406300
- Year Built: 1968
Community Information
- Neighbourhood: Westmount
- City: Edmonton
- Nearest Town: Edmonton
- Postal Code: T5M 0Y4
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