Courtesy Of Sean Gerke Of Century 21 All Stars Realty Ltd
About 10729 108 St Nw
Assumable Mortgage 2.35% | Creative financing will be considered | Exciting investment opportunity in downtown Edmonton! This commercial multi-family apartment is perfect for both entry-level and seasoned investors. With 16 one-bedroom units, 3 two-bedroom units, and 5 bachelor units, this property offers a diverse range of living options. Fully occupied with no vacancy, it guarantees immediate cash flow and boasts a high cap rate. Zoned as R8A, it offers flexibility for expansion and development. Built in 1963 on a 15,000+/- sq.ft. RA8-zoned lot, it provides ample parking. Close to Rogers Arena, Grant MacEwan, Royal Alex Hospital, Kingsway Mall, and downtown. Access to LRT. Upgrades include a 2010 SBS Membrane Roof, energy-efficient systems, and eco-conscious fittings. Low and varied rental rates allow for potential increase. All proposals are welcome. *Please do not approach tenants*
Features of 10729 108 St Nw
| MLS® # | E4347122 |
|---|---|
| Price | $2,850,000 |
| Square Footage | 16,652 |
| Acres | 0.00 |
| Year Built | 1963 |
| Type | Multi-Family Commercial |
| Zone | Zone 08 |
Community Information
| Address | 10729 108 St Nw |
|---|---|
| Area | Edmonton |
| Subdivision | Central Mcdougall |
| City | Edmonton |
| Province | AB |
| Postal Code | T5H 3A4 |
Amenities
| Parking Spaces | 22 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Construction | Wood Frame |
|---|
Additional Information
| Date Listed | June 24th, 2023 |
|---|---|
| Zoning | RA8 |
| RE / Bank Owned | No |
| Handyman Special | No |
Listing Details
| Office | Courtesy Of Sean Gerke Of Century 21 All Stars Realty Ltd |
|---|