Courtesy of Ricky Chowdhury of Century 21 All Stars Realty Ltd
10629 110 Street
Edmonton
T5H 3C7
$1,998,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4408942
- Build. Type:
- Low Rise (2-4 stories)
- Photos (43)
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Shelby Arms is a boutique Multi-Family Walk-up Apartment with 12 total units, 11 x one-bedroom units & 1 x Studio suite. On a quiet street just north of the 'WOW' amenities of 104th Street with close proximity to Downtown, NAIT, the Arena and public transportation to the U of A & all areas of the City. All suites are corner-end units with luxury finishing at this affordable price with a good capitalization rate. UPGRADES: Most suites w/ gourmet kitchens with quartz countertops & seven appliances, not to mention spa-like bathrooms with Jacuzzi tubs. All suites have maintenance-free flooring, mostly solid hardwood & porcelain tile. Many more were put into most suites, such as frosted glass doors, new windows, newer siding, newer roof, newer electrical throughout, updated fire alarm, new parking lot, boiler in 2014 & most mechanical. Low maintenance landscaping, new balconies or patios on all suites but two. Some suites come furnished. The Residential building is being sold under a single land title.
- Sale Type:
- Asset
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Low Rise (2-4 stories), Multi Tenant/Multi Plex
- # Units:
- 12
- Tot Pkg Spaces:
- 11
- # Storeys:
- 3.0
- Year built:
- 1960 (Age: 64)
- Total Floor Area:
- 6,463 sq. ft.
- Lot Area:
- 0 sq. ft.
- Lot Depth:
- 150'
- Lot Frontage:
- 50'
- Heating Source:
- Natural Gas
- Plan:
- B4
- Title to Land:
- Freehold
- LINC Number:
- 0038864112
- Appliances Included, Shared Laundry, Parking-Visitor, Deck, Vinyl Windows
- Reports Avail:
- Appraisal, Financial Statements, Information Package, Pro-Forma, Tenancy Schedule
- Num. of Parcels:
- 1
- Cap Rate %:
- 6.27
- Gross Operating Income:
- $181,044
- Other Income:
- $0
- Effective Gross Income:
- $181,044
- Net Operating Income:
- $130,465
- Total Oper. Expenses:
- $100,400
- Tot Expenses:
- $100,400
- Days On Website:
- 61 day(s)
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Data was last updated December 2, 2024 at 06:30 AM (UTC)
- Clint Kilkenny, Eric Barker, Sean Gerke & Kelly Vloet
- TRUSTED REALTY GROUP /CENTURY 21 ALL STARS REALTY LTD
- 1 (780) 887-7854
- Contact by Email