Edmonton, AB T5G0S4,10315 120 AV NW
Edmonton, AB T5G0S4,10315 120 AV NW
Edmonton, AB T5G0S4,10315 120 AV NW
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Clint Nogier

Clint Nogier

Exp Realty - Calgary

+1(825) 445-4403
$900,000
Est. payment /mo
5,829 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,829 sqft

Price per Sqft $154

Subdivision Westwood (Edmonton)

MLS® Listing ID E4408363

Originating Board REALTORS® Association of Edmonton

Year Built 1972

Lot Size 7,497 Sqft

Acres 7497.0

Property Description

$155k of upgrades and renos in the last 7 years. 6 plex Corner Lot 45.7 x 15.2 SQM 100% occupancy for the last 8 years. Current market rates present potential to increase profit / cap rate by up to 25%.Current rent rates may be attractive for CMHC MLI Select financing. All tenants are month to month. Close to NAIT, Royal Alex Hospital, Blatchford and the Future LRT. Major upgrades include parking/sidewalk (3 years), boiler (3 years), hot water tank (4 years), exterior paint (4 years), balconies (4 years), main doors (5 years), roof repairs (2 years), a new mail lockbox, security system, and additional storage space. Five of the six suites have been renovated, and the heating and security systems can be controlled remotely by the new owner. Current rents are $1,100 for two-bedroom units and $900 for one-bedrooms(never raised for years) plus Laundry revenue which can be raised as well. (id:24570)

Location

Province AB

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 9

Private Pool No


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Clint Nogier

+1(825) 445-4403

Agent | License ID: 493930

Agent License ID: 493930

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