Courtesy Of Gary Mah Of Exp Realty

11826 83 St Nw, Edmonton, AB

$1,560,000

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13,213

Square feet

About 11826 83 St Nw

Own Pine Manor with 7.93% 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 $1,560,000
Square Footage 13,213
Acres 0.00
Year Built 1971
Type Multi-Family Commercial
Zone Zone 05

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
Handyman Special No

Listing Details

OfficeCourtesy Of Gary Mah Of Exp Realty

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