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Courtesy of Terrie M Reekie of Re/Max Select

4520 47 Street
Alexandra Park Leduc T9E 4P5

$1,870,000
Multi-Family Commercial

Main Photo: 4520 47 Street: Leduc Multi-Family Commercial for sale : MLS®# E4216241
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4216241
Build. Type:
Multi Tenant/Multi Plex
Leduc is positioned to capitalize on the proposed and current Development at the Airport Lands, surrounding area and Leduc proper. Great investment potential with this 17 unit building circa 1979 with a good mix of 6 two bedroom and 11 one bedroom units with all units above grade. The units are spacious and bright, with either a balcony or a patio and have had numerous upgrades. Seller has undertaken many capital improvements which is reflected in operating costs including and not limited to balconies, balcony railings, balcony doors and mechanical. The roof is pitched and shingled. Just a few minutes to the Airport, Nisku and Edmonton.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multi Tenant/Multi Plex
# Units:
17
Tot Pkg Spaces:
17
# Storeys:
3.0
Year built:
1979 (Age: 41)
Total Floor Area:
14,536 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
mun
Plan:
T4
Title to Land:
Fee Simple
LINC Number:
0015618689
Units Include:
Fridge, Stove
Num. of Parcels:
1
Cap Rate %:
4.33
Gross Operating Income:
$174,900
Other Income:
$1,197
Effective Gross Income:
$176,097
Net Operating Income:
$81,009
Total Oper. Expenses:
$86,282
Tot Expenses:
$86,282
Entry date:
Oct 01, 2020
  • Photo 1: 4520 47 Street: Leduc Multi-Family Commercial for sale : MLS®# E4216241
    Photo 1 of 1
Data was last updated October 27, 2020 at 04:30 PM (UTC)
Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.