CONTACT
  • Find Your Next Home
    Find Your Next Home
    Want an even more powerful MLS® search experience?
    Scroll down to find out how
Forgot password Extend Verify Contact
Courtesy of Sheldon M Kennedy of Local Real Estate

10717 81 Avenue
Zone 15 Edmonton T6E 1Y2

$2,780,000
Multi-Family Commercial

Main Photo: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 1: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 2: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 3: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 4: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 5: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 6: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 7: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 8: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 9: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 10: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 11: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 12: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 13: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 14: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 15: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 16: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 17: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 18: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 19: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 20: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 21: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 22: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 23: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 24: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Photo 25: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4212767
Build. Type:
Low Rise (2-4 stories)
Located on Prime Queen Alexandria Real Estate on 81 Ave, this 20 Suite building is part of a portfolio of 3 buildings presented for the first time by the original owner. Comprising 1, 2 & 3 bedroom suites, this highly sought after building has newer windows and some units have been renovated. The other 2 buildings (15 suites located at 7615 - 105 St. & 15 suites at 9936 - 87 Ave.) have been extensively remodelled with all brand new mechanicals, roof, windows, doors, boilers, H20 tank, common hallway carpet, paint inside and out, fences and landscaping. Many of the suites in these buildings have been remodelled as well. This is an incredible opportunity to own up to 50 suites of prime University district real estate that has received over $400,000 of investment in 2 buildings in the last 3 months. Buy 1 building or buy all 3! Each building was hand picked by the current original owner. Now is the time to pass the torch on to the next owner to take advantage of this excellent investment opportunity!
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Bus Op Since:
1970
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Bldgs:
1
# Units:
20
Tot Pkg Spaces:
20
# Storeys:
4.0
Year built:
1970 (Age: 50)
Total Floor Area:
16,945 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Heating Source:
Natural Gas
Plan:
RN4
Title to Land:
Fee Simple
LINC Number:
0036212165
Level Land, Landscaped, Paved Lot, Shopping Nearby, Public Transportation, Paved Lane, Schools, Partially Fenced
Alarm System, Appliances Included, Balconies, Outside Storage, Detectors Smoke, Laundry-Common, No Smoking Home, Parking-Plug-Ins, Vinyl Windows
# Grade Doors:
2
Units Include:
Fridge, Hoodfan, Stove
Services Connected:
Electricity, Garbage Collection, Lane Paved, Natural Gas, Paved Streets, Street Lighting, Sidewalk, City Water
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
HVAC:
Common Water Heater, Hot Water, Radiant
Fire Protection:
Automatic Alarm, Fire Extinguishers
Reports Avail:
Title Insurance
Num. of Parcels:
1
Cap Rate %:
4.3
Gross Operating Income:
$209,880
Other Income:
$8,400
Effective Gross Income:
$209,880
Net Operating Income:
$120,377
Total Oper. Expenses:
$89,503
Tot Expenses:
$97,803
Days on Mkt:
Entry date:
Sep 03, 2020
  • Photo 1: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 1 of 25
  • Photo 2: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 2 of 25
  • Photo 3: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 3 of 25
  • Photo 4: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 4 of 25
  • Photo 5: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 5 of 25
  • Photo 6: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 6 of 25
  • Photo 7: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 7 of 25
  • Photo 8: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 8 of 25
  • Photo 9: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 9 of 25
  • Photo 10: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 10 of 25
  • Photo 11: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 11 of 25
  • Photo 12: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 12 of 25
  • Photo 13: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 13 of 25
  • Photo 14: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 14 of 25
  • Photo 15: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 15 of 25
  • Photo 16: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 16 of 25
  • Photo 17: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 17 of 25
  • Photo 18: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 18 of 25
  • Photo 19: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 19 of 25
  • Photo 20: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 20 of 25
  • Photo 21: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 21 of 25
  • Photo 22: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 22 of 25
  • Photo 23: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 23 of 25
  • Photo 24: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 24 of 25
  • Photo 25: 10717 81 Avenue in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4212767
    Photo 25 of 25

Virtual Tour

Larger map options:
Data was last updated September 27, 2020 at 04:30 AM (UTC)

Get all the benefits below, by registering today. A better MLS search and advantage over other buyers and sellers.

Finding a home should be a joy

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.