Sterling Real Estate

113 Street, Edmonton, AB

$975,000

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About 113 Street

RARE OPPORTUNITY to own this 5-Plex in the Heart of Downtown! Although much of it is in Original Condition, this Property has been Excellently maintained! Featuring 2 x 2 Bedroom Units upstairs, 2 x 1 Bedroom Units in the basement & a 3 Bedroom Spacious Main floor Unit. This property could operate @ a 4.94% Cap Rate with an operating Annual rent of $79,200 - EASILY! Great Holding Property with Large Scale Zoning! This property is Very Turn Key and features Multiple Entrances for complete tenant/owner privacy PLUS a 33 x 22 Triple Car Garage along with about 5 Exterior parking stalls on the driveway. The owners fenced backyard is a Beautiful Peaceful serenity amongst the busy vibrant life of downtown! All Fire Code permits are up to date. This is the Opportunity to be a few steps from Jasper Avenue in a Centralized portion of Downtown. Excellent Purchase for Large Family / Investors to Buy & Hold or Develop in a Clean Central Spo

Features of 113 Street

MLS® # 45371864
Price $975,000
Bathrooms 0
Year Built 1955
Type Multi-Family Commercial
Status Active

Community Information

Address 113 Street
Area Edmonton
City Edmonton
County ALBERTA
Province AB
Postal Code T5K 1N9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Foreclosure No
RE / Bank Owned No

Listing Details

OfficeSterling Real Estate

Listing Map

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