C/O Pam Gill, Sutton Central Commercial Real Estate

11020 96 Street

Edmonton Alberta  MLS® # E4066037

Description

This is a 2 storey wood frame construction complex. Legal 4 units. Each self contained with separate entry. No common hallway. Coin operated washer/dryer in the basement. All suites have been upgraded. Hot water heating system completely upgraded. Building was under the RRAP Program which has completed. Current rents are very low due to the program but can be increased after the sale. Long term stable tenants. Rent includes all utilities. At markets rents this cash flows over $40,000/year. Cap rate of 5.58%...

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Key Details

  • E4066037
  • 1947

$399 000

11020 96 Street

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