10729 108 ST NW, Edmonton, Alberta, T5H3A4 Edmonton AB CA
Property Details
Bedrooms
4
Bathrooms
4
Neighborhood
Central McDougall
Property Type
MultiFamily
Description
Assumable Mortgage 2.35% | VTB offers 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. (id:1937) Find out more about this property. Request details here
Location
Address
10729 108 Street NW, Edmonton, Alberta T5H 3A4, Canada
City
Edmonton
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