10729 108 Street Nw, Central Mcdougall in Edmonton
This is a Multi-Family Commercial Listing.
Work with an experienced agent who knows ~the Central Mcdougall area~ View This Property
10729 108 Street Nw, Central Mcdougall in Edmonton
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*
$2,850,000 - MLS® #E4347122
10729 108 Street Nw, Edmonton, AB
Essential Information
- MLS® #E4347122
- Price$2,850,000
- Price per Sqft171
- Price Per SqFt$171
- Square Footage16,652
- Acres0.00
- Year Built1963
- TypeMulti-Family Commercial
- Days on Website310
Amenities
- Parking Spaces22
Exterior
- ConstructionWood Frame
Community Information
- Address10729 108 Street Nw
- AreaEdmonton
- SubdivisionCentral Mcdougall
- CityEdmonton
- Postal CodeT5H 3A4
Interior
- # of Stories3
Additional Information
- ZoningRA8
Listing information last updated on April 29th, 2024 at 11:30pm MDT.