$749,900

5124 sqft

A great little seven-unit building in Inglewood mostly one-bedoom units; 5 one bedrooms, 1 two bedroom, and 1 studio. The current CAP rate is 4.97 on current rents, and can be 5.81 CAP on stabilized rents as it is currently $525 ($75/month per unit) under market rents. It is located on 124 Street in close proximity to a lot of great amenities including pharmacies, dental clinics, banks, churches, daycare and restaurants both quick-serve and trendy. Only $107K per door, this makes a great investment! (id:45344)

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    Property Details

    MLS® Number E4349403
    Property Type Multi-family
    Neigbourhood Inglewood_EDMO
    Parking Space Total 8

    Building

    Constructed Date 1962
    Size Interior 5124 Sqft

    Land

    Acreage No
    Size Irregular 7236
    Size Total 7236 Sqft
    Size Total Text 7236 Sqft

    https://www.realtor.ca/real-estate/25817820/11212-124-st-nw-edmonton-inglewoodedmo

    Brian Cyr
    Remax Elite
    BrianCyr StAlbert 1
    “Brian never pressured us in any way, making us feel comfortable in our dealings with him. We would highly recommend him as a professional realtor.”
    - Bill & Kathy Hill