11938 80 ST NW, Edmonton

2024-04-30
 

Quick Summary

Location
11938 80 ST NW, Edmonton, Alberta T5B2N7
Price
$599,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
4284ft2
Year of Construction:
1991

MLS®#E4384668

Property Description

LIVE IN ONE UNIT AND RENT THE OTHER 4 TO LIVE FOR FREE, OR BUY AS A TURN KEY INVESTMENT! What a unique opportunity with a current CAP rate of 4.85% with a rental increase starting January 2025, and and a future stabilizd CAP rate of 6.58%+! This property has 5 suites, one of which is a full renovated house with a finished basement that was originally built in the 1920s, and then in 1991 a 4 unit building was added onto it! The current owners have done major renovations including: flooring, bathrooms & kitchen upgrades in 4/5 units, replacing all cast iron sewage pipes in 2024, and the roof, boiler and windows were replaced in 2014. All long term 3+ year tenants that would like to stay. All units have 3 bedrooms, a full bathroom, and their own laundry. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 4284 sqft

Land

  • Land Size: 7477 sqft

Information entered by RE/MAX Real Estate
Listing information last updated on: 2024-10-07 18:47:20


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for properties under $700,000. For properties over $700,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


Learn more about the One Percent Realty Deal

 

Christine Tetreault Broker / Owner / REALTOR®

Phone:
(780) 268-4888
Email:
christine.onepercent@gmail.com
Support Area:
Windermere, Glenora, Belgravia, Griesbach, Bonnie Doon, Strathcona, Westmount, Summerside, Crestwood, Laurier Heights, Parkview, Magrath Heights, Highlands, Terwillegar Towne, Sherwood Park, West Edmonton, Spruce Grove, St. Albert, Jasper Place, Balwin, Stony Plain, Edmonton

CERTIFICATIONS:- REAL ESTATE NEGOTIATION EXPERT (RENE)- SENIORS REAL ESTATE SPECIALIST (SRES)- CERTI ...

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Sherri Herman Associate

Phone:
780-918-2333
Email:
sherri@sherriherman.com
Support Area:
Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park

Hi there, I am Sherri!!I have held my Real Estate license since 2008 so I have been through many dif ...

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Bhavya Soni Associate

Phone:
7807070479
Email:
Opendreamdoorswithbhavya@gmail.com
Support Area:
Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley

Bhavya Soni has 6 years of experience in managing properties in the Edmonton Real Estate Market. Bor ...

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