Courtesy of Sean T Gerke and Damir Knezevic of Century 21 All Stars Realty Ltd

9130 Jasper Avenue
Zone 13 Edmonton T5H 3S9

$1,800,000
Multi-Family Commercial

Main Photo: 9130 Jasper Avenue in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4346590
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4346590
Build. Type:
Low Rise (2-4 stories)
Assumable Mortgage @ 5.24% | Creative Financing Considered | A charming 13-unit apartment building situated in the heart of Alberta. Nestled on an 8616 sqft lot, this character property built in 1952 offers a captivating view of the river valley. Boasting a mix of renovated units, serviced with high-efficiency features including lighting, furnace, water tank, showerheads and faucets, the property provides a blend of comfort and style. A mere 2.7km from MacEwan University, it caters to a vibrant student population. The property includes a convenient credit card-operated laundry room. Remarkably low maintenance thanks to significant improvements, the building's market potential is further enhanced by currently charged rents that are below market rates. A rare find that perfectly marries vintage charm with modern living. All proposals are welcome. *Please do not approach tenants*
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
13
Tot Pkg Spaces:
0
# Storeys:
2.5
Year built:
1952 (Age: 72)
Total Floor Area:
10,812 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
RN37A
Title to Land:
Freehold
LINC Number:
0010251742
Cap Rate %:
6.26
Gross Operating Income:
$152,400
Other Income:
$3,600
Effective Gross Income:
$156,000
Net Operating Income:
$112,696
Total Oper. Expenses:
$43,304
Tot Expenses:
$43,304
Days On Website:
258 day(s)
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Data was last updated March 5, 2024 at 02:30 AM (UTC)
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.
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