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Courtesy of Thomas N Bumbeh of Sterling Real Estate

10707 103 Street NW
Zone 08 Edmonton T5H 2V7

$2,200,000
Retail

Main Photo: 10707 103 Street NW in Edmonton: Zone 08 Retail for sale : MLS®# E4235318
Photo 1: 10707 103 Street NW in Edmonton: Zone 08 Retail for sale : MLS®# E4235318
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Status:
Active
Prop. Type:
Retail
MLS® Num:
E4235318
Build. Type:
Condo Complex
Great Investment Opportunity to own this stand alone Building in Downtown with two Commercial units on the main floor and eight Residential apartments with 1 bedroom + Den with 2 -full baths in each unit. The building is fully rented with long-term Tenants including commercial units.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Steel Frame
Building Type:
Condo Complex, Commercial Mix
# Units:
8
Tot Pkg Spaces:
14
# Storeys:
3.0
Year built:
2013 (Age: 8)
Total Floor Area:
10,000 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CB1
Plan:
1322576
Title to Land:
Fee Simple
LINC Number:
0035699602
Num. of Parcels:
1
Cap Rate %:
6.5
Gross Operating Income:
$175,548
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$98,787
Total Oper. Expenses:
$57,616
Tot Expenses:
$51,438
Days on System:
Entry date:
Mar 30, 2021
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Data was last updated April 14, 2021 at 02:30 PM (UTC)

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.