11826 83 St Nw, Edmonton, Alberta T5B 2Z3

$1,560,000
11826 83 ST NW
50
Description

Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details. (id:42720)

Address: 11826 83 ST NW
Address Line1: 11826 83 ST NW
City: edmonton
Province: Alberta
Postal Code: T5B2Z3
Country: Canada
Neighbourhood: Eastwood
Price: $1,560,000
Bedrooms: 0
Bathrooms: 0
MLS ID: E4350313
Lease: 0.00
Listing Contract Date: 2023-07-17
Parking Space Total: 15
Property Type: Multi-family
Constructed Date: 1971
Fireplace Present: False
Size Interior: 13213 sqft
Size Total: 15014 sqft
Size Total Text: 15014 sqft
Acreage: false
Size Irregular: 15014
Parking:
Alternate URL:
Custom Listing: 0
Board: 10
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Gary Mah (2094224)

Agent Details
Gary Mah (2094224) Associate

(780) 718-6926

https://garymah.exprealty.com/

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Exp Realty

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Exp Realty

1400-10665 Jasper Ave NW
Edmonton, Alberta T5J 3S9

(403) 262-7653

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