11826 83 Street Nw, Eastwood in Edmonton
This is a Multi-Family Commercial Listing.
Work with an experienced agent who knows ~the Eastwood area~ View This Property
11826 83 Street Nw, Eastwood in Edmonton
Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details.
$1,560,000 - MLS® #E4350313
11826 83 Street Nw, Edmonton, AB
Essential Information
- MLS® #E4350313
- Price$1,560,000
- Price per Sqft118
- Price Per SqFt$118
- Square Footage13,213
- Acres0.00
- Year Built1971
- TypeMulti-Family Commercial
- Days on Website287
Amenities
- Parking Spaces15
Exterior
- ConstructionWood Frame
Listing information last updated on April 29th, 2024 at 8:31pm MDT.