Courtesy Of Gary Mah Of Exp Realty
About 11826 83 St Nw
Own Pine Manor with 7.92% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details.
Features of 11826 83 St Nw
| MLS® # | E4350313 |
|---|---|
| Price | $1,650,000 |
| Square Footage | 13,213 |
| Acres | 0.00 |
| Year Built | 1971 |
| Type | Multi-Family Commercial |
Community Information
| Address | 11826 83 St Nw |
|---|---|
| Area | Edmonton |
| Subdivision | Eastwood |
| City | Edmonton |
| Province | AB |
| Postal Code | T5B 2Z3 |
Amenities
| Parking Spaces | 15 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Construction | Wood Frame |
|---|
Additional Information
| Date Listed | July 17th, 2023 |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Gary Mah Of Exp Realty |
|---|