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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)
MLS® Number | E4349403 |
Property Type | Multi-family |
Neigbourhood | Inglewood_EDMO |
Parking Space Total | 8 |
Constructed Date | 1962 |
Size Interior | 5124 Sqft |
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