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Mani Bagga

REALTORĀ®, FRI, CRES, CLHMS, SRES, ABR

  • Office 780-431-5615
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Courtesy Of Val Toffoli Of MaxWell Polaris

9315 108a Av Nw, Edmonton, AB – $659,900

  • $660k Price
  • 2,197 Sqft
  • $660k Price
  • 2,197 Sqft

9315 108a Av Nw

Opportunity knocks with this Charming 1912 Upgraded 11 Unit property. The units have extensively renovated. $96,000 spent in recent renos including bsmt, new drywall, flooring, paint, bathrooms, kitchens, toilets, etc. It is well located with numerous 'skinny homes' in close proximity. Just a short walk to the Italian Centre & 5 minutes to Downtown. 4,037.263 sq ft lot with additional development potential. Rental income has been fairly consistent (2013 - $53,462.12, 2013- $53,000, 2015 - $52,870, 2017 - $59,040). Average Rental Income $54,493.03 over the last few years. Vendor pays gas/electricity/water/garbage. Most of the tenants are stable & employed. Note: Mgmt of 6% ($3382) is added to expenses although Out of Area Owner Self Manages with an excellent Caretaker ($3,000/yr also in expenses) who keeps a very close eye on the property & would consider remaining. A must to see! Do Not Go Direct or Disturb Tenants! Proforma available upon request.

Essential Information

  • MLS® #E4112122
  • Price$659,900
  • Square Footage2,197
  • Acres0.00
  • Year Built1912
  • TypeMulti-Family Commercial
  • StatusACTIVE

Community Information

  • Address9315 108a Av Nw
  • AreaEdmonton
  • SubdivisionMccauley
  • CityEdmonton
  • ProvinceAB
  • Postal CodeT5H 1B9

Amenities

  • Parking Spaces2

Interior

  • # of Stories2

Exterior

  • ConstructionWood Frame

Additional Information

  • ZoningRF3

Listing Details

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Courtesy Of Val Toffoli Of MaxWell Polaris

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Courtesy Of Val Toffoli Of MaxWell Polaris.

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

Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on September 17th, 2019 at 10:01am CDT.