10315 120 AV NW, Edmonton

2024-09-29
 

Quick Summary

Location
10315 120 AV NW, Edmonton, Alberta T5G0S4
Price
$900,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
5829ft2
Year of Construction:
1972

MLS®#E4408363

Property Description

$155k of upgrades and renos in the last 7 years. 6 plex Corner Lot 45.7 x 15.2 SQM 100% occupancy for the last 8 years. Current market rates present potential to increase profit / cap rate by up to 25%.Current rent rates may be attractive for CMHC MLI Select financing. All tenants are month to month. Close to NAIT, Royal Alex Hospital, Blatchford and the Future LRT. Major upgrades include parking/sidewalk (3 years), boiler (3 years), hot water tank (4 years), exterior paint (4 years), balconies (4 years), main doors (5 years), roof repairs (2 years), a new mail lockbox, security system, and additional storage space. Five of the six suites have been renovated, and the heating and security systems can be controlled remotely by the new owner. Current rents are $1,100 for two-bedroom units and $900 for one-bedrooms(never raised for years) plus Laundry revenue which can be raised as well. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 5829 sqft

Land

  • Land Size: 7497 sqft

Information entered by MaxWell Challenge Realty
Listing information last updated on: 2024-11-26 21:35:16


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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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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!

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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.

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Christine Tetreault Broker / Owner / REALTOR®

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Sherri Herman Associate

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sherri@sherriherman.com
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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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Opendreamdoorswithbhavya@gmail.com
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Bhavya Soni has 6 years of experience in managing properties in the Edmonton Real Estate Market. Bor ...

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