Courtesy of Sangram S Sindhar of Initia Real Estate

7404 108 Street NW
Zone 15 Edmonton T6E 4L5

$1,395,000
Multi-Family Commercial

Exterior Front
Photo 1: 7404 108 Street NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4402862
Photo 2: 7404 108 Street NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4402862
Photo 3: 7404 108 Street NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4402862
Photo 4: 7404 108 Street NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4402862
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4402862
Build. Type:
Low Rise (2-4 stories)
Stunning corner apartment building boasting six legal units, perfect for investors or homeowners seeking income potential. Three unit offers 3 bedrooms, 1.5 washrooms, kitchen, living, balcony and separate individual hallway. Three units with two bedroom, 1 bath, kitchen and living area. Parking stalls for each unit and driveway parking. An Ideally located in Queen Alexandra community, this property is a rare find offering both comfort and investment opportunity. Don't miss out on owning this exceptional piece of real estate!"
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Multi Tenant/Multi Plex
# Units:
6
Tot Pkg Spaces:
7
# Storeys:
3.0
Year built:
1969 (Age: 55)
Total Floor Area:
4,860 sq. ft.
Lot Area:
0 sq. ft.
Heating Source:
Water
Plan:
5765q
Title to Land:
Freehold
LINC Number:
0016626442
Units Include:
Fridge, Stove, Window Coverings
Fire Protection:
Automatic Alarm
Num. of Parcels:
1
Cap Rate %:
5.37
Gross Operating Income:
$96,000
Other Income:
$3,000
Effective Gross Income:
$99,000
Net Operating Income:
$75,000
Total Oper. Expenses:
$7,000
Tot Expenses:
$17,000
Days On Website:
76 day(s)
  • Photo 1: 7404 108 Street NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4402862
    Exterior Front
  • Photo 2: 7404 108 Street NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4402862
    Photo 2 of 4
  • Photo 3: 7404 108 Street NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4402862
    Photo 3 of 4
  • Photo 4: 7404 108 Street NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4402862
    Photo 4 of 4
Data was last updated November 4, 2024 at 08:30 PM (UTC)
Guy Hebert
Pierre Hebert
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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