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

10852 & 10856 98 Street
Zone 13 Edmonton T5H 2P5

$750,000
Multi-Family Commercial

Main Photo: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 1: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 2: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 3: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 4: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 5: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 6: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 7: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 8: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 9: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 10: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 11: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 12: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 13: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 14: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 15: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 16: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 17: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 18: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 19: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 20: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 21: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 22: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 23: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 24: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 25: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 26: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 27: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 28: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 29: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 30: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 31: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 32: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 33: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 34: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 35: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 36: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 37: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 38: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 39: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 40: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 41: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 42: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 43: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 44: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 45: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 46: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Photo 47: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4347462
Build. Type:
Rooming House
Creative financing will be considered | This property package, situated at 10852 (Lot 1 Blk 19 Plan 2010P) & 10856 98 Street (Lot 2 Blk 19 Plan 2010P), offers a unique investment opportunity. Comprising two boarding houses (12 & 7 units), the properties fall under DC1 zoning. Conveniently located at 108 Avenue and 98 Street near NAIT and Royal Alex hospital, these lots offer excellent development potential. Notable upgrades over the last 5-8 years include improved siding, windows, heating systems, and more. 10852 does not have any occupants, however 10856 is actively housing tenants and producing income. Sold 'AS IS WHERE IS', this investment has significant potential for returns and future expansion. All proposals are welcome. *Please do not approach tenants*
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Rooming House
# Units:
19
Tot Pkg Spaces:
0
# Storeys:
2.0
Year built:
1923 (Age: 101)
Total Floor Area:
5,351 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
DC1
Plan:
2010P
Title to Land:
Freehold
LINC Number:
0013770904
Num. of Parcels:
1
Cap Rate %:
9.71
Gross Operating Income:
$112,800
Other Income:
$0
Effective Gross Income:
$112,800
Net Operating Income:
$72,829
Total Oper. Expenses:
$39,971
Tot Expenses:
$39,971
Days On Website:
252 day(s)
  • Photo 1: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 1 of 47
  • Photo 2: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 2 of 47
  • Photo 3: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 3 of 47
  • Photo 4: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 4 of 47
  • Photo 5: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 5 of 47
  • Photo 6: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 6 of 47
  • Photo 7: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 7 of 47
  • Photo 8: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 8 of 47
  • Photo 9: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 9 of 47
  • Photo 10: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 10 of 47
  • Photo 11: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 11 of 47
  • Photo 12: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 12 of 47
  • Photo 13: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 13 of 47
  • Photo 14: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 14 of 47
  • Photo 15: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 15 of 47
  • Photo 16: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 16 of 47
  • Photo 17: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 17 of 47
  • Photo 18: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 18 of 47
  • Photo 19: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 19 of 47
  • Photo 20: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 20 of 47
  • Photo 21: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 21 of 47
  • Photo 22: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 22 of 47
  • Photo 23: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 23 of 47
  • Photo 24: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 24 of 47
  • Photo 25: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 25 of 47
  • Photo 26: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 26 of 47
  • Photo 27: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 27 of 47
  • Photo 28: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 28 of 47
  • Photo 29: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 29 of 47
  • Photo 30: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 30 of 47
  • Photo 31: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 31 of 47
  • Photo 32: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 32 of 47
  • Photo 33: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 33 of 47
  • Photo 34: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 34 of 47
  • Photo 35: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 35 of 47
  • Photo 36: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 36 of 47
  • Photo 37: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 37 of 47
  • Photo 38: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 38 of 47
  • Photo 39: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 39 of 47
  • Photo 40: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 40 of 47
  • Photo 41: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 41 of 47
  • Photo 42: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 42 of 47
  • Photo 43: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 43 of 47
  • Photo 44: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 44 of 47
  • Photo 45: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 45 of 47
  • Photo 46: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 46 of 47
  • Photo 47: 10852 & 10856 98 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4347462
    Photo 47 of 47
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.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.