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Descriptions:
This 9 Unit Multi-Family property is located at 12321-82 Street NW in Edmonton, Alberta. It is a 2.5 storey wood frame building with a concrete foundation originally constructed in 1968 and there are 2 Bachelor; 4 One BR; plus 3 Two BR suites. The exterior is covered with brick, stucco and siding and there are 6 balconies. The roof was replaced in 2017 and the boiler is original and serviced. This is an EXCELLENT VALUE ADD opportunity for the right buyer!! Close to Yellowhead Freeway, major arterial roads, and transit stops for commuting. Great for Tenants with a Walkscore of 73. Catch the wave of rising rents to higher net operating incomes and it's a great candidate for CMHC MLI Select insured financing. Recently Appraised at over $950,000. APOD/Proforma numbers are projected. Property is being sold AS-IS WHERE-IS. It is anticipated that Units 4 & 6 will be repaired and operating by Aug 15, 2024.
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Location & Listing Info: |
Neighbourhood: |
Elmwood Park
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Property Info: |
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Property Type: |
Multi-Family Commercial |
Year Built: |
1968 |
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Additional Info: |
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Legal Description: |
12321
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![](https://cdnassets.rmcloud.com/shared-images/listing_display/contactRealtor_cellphone.gif) |
Contact Brian Ray - 780-233-5788
904 10050 112st , Edmonton, Alberta, T5K 2J1
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Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated September 7, 2024, 7:52 pm. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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