Charming Character Building - Hardwood Floors

10207 - 107 Avenue - Birch Court T5H0V6 :

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$702,000
Prop. Type:
Multi-Family (Commercial)
MLS® Num:
NEW
Status:
Sold

Charming 9 suite walk up apt building with hardwood flooring & Coved Ceilings; spacious floor plans & large windows allowing in plenty of natural light. Wide Common Areas. 1 Bach, 6 One Bdrm & 2 Two Bdrm units. Newer exterior siding; 5 car garage (not rented!) plus room for 3 stalls. Clean & very well maintained. Many upgrades as Tenants move including paint, some flooring, paint, appliances, counter tops, bathroom upgrades, etc.. Rents are VERY LOW - Room for increase plus potential to rent the 5 car garage ($100-135/mo per stall). Great Curb Appeal. Shows a 6% cap rate as is. Self Managed. Do not go direct or disturb Tenants. Potential of private hi ratio financing to a qualified Buyer with Covenants.  Call Val for proforma and/or with notice to view.

 

Price:
$702,000
Property Type:
Multi-Family (Commercial)
Year Built:
1954
MLS® Num:
new
Status:
Sold
Listing information last updated on April 27, 2012 at 03:51 PM (UTC)
VAL TOFFOLI
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.