Courtesy of Adel Hanafi of RE/MAX Excellence

10416 86 Avenue NW
Zone 15 Edmonton T6E 2M5

$1,294,000
Multi-Family Commercial

Main Photo: 10416 86 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4399331
Photo 1: 10416 86 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4399331
Photo 2: 10416 86 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4399331
Photo 3: 10416 86 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4399331
Photo 4: 10416 86 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4399331
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Photo 6: 10416 86 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4399331
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Photo 10: 10416 86 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4399331
Photo 11: 10416 86 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4399331
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4399331
Build. Type:
Low Rise (2-4 stories)
Orion Estates • Located in a high demand area just steps away from parks and the Edmonton River Valley • The common areas along with most suites have been extensively upgraded including the paint, dishwasher, lighting, countertops & tile floors • Video security system with digital recorder • Rent upgrades done to the exterior: fascia metal siding, balcony rails, parking lot surface, and fencing & roof • Over $335,000 in reno’s & labour improvements • Seller has recently rezoned the property to allow for more future uses
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Walk Up
# Units:
8
Tot Pkg Spaces:
8
# Storeys:
2.5
Year built:
1965 (Age: 59)
Total Floor Area:
5,883 sq. ft.
Lot Area:
0 sq. ft.
Plan:
I
Title to Land:
Freehold
LINC Number:
0015530976
Num. of Parcels:
1
Cap Rate %:
6.06
Gross Operating Income:
$115,380
Other Income:
$1,920
Effective Gross Income:
$117,300
Net Operating Income:
$77,863
Total Oper. Expenses:
$39,436
Tot Expenses:
$39,436
Days On Website:
77 day(s)
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Data was last updated October 11, 2024 at 12:30 PM (UTC)
Jasmin Matias
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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