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11732 130 St Nw Edmonton, Alberta T5M 1B1

5248 sqft

$920,000

Incredible investment opportunity! This 8 suite apartment complex comprises 4(1 bedroom units), 1(2 bedrooms unit) and 3(bachelor units). Large suite sizes. Torch on membrane roof replaced in 2014 by Belvedere roofing, new windows 2014, new Hot water tank 2018, new high efficiency boiler pump 2018. Vendor has just completed over $25k on carpet tiles, luxury vinyl plank flooring, painting, new common area interior and exterior LED lighting for lower utility costs. Recently completed Phase I Environmental Report. Several of the units have been upgraded over the years with new paint, flooring, etc. Incredibly well maintained building. All tenants on month to month leases to optimize cash flow with 90 day rent increases. Energized surface parking stalls in rear. Close to Westmount mall, transit and shopping. Recent Frost & Associates Appraisal. Many new developments in this desirable neighborhood. Super easy property to manage with onsite tenant doing repairs, snow and lawn maintenance. (id:46923)

Property Details

MLS® Number E4405802
Property Type Multi-family
Neigbourhood Inglewood (Edmonton)
ParkingSpaceTotal 8

Building

ConstructedDate 1965
SizeInterior 5248 Sqft

Land

Acreage No
SizeIrregular 7500
SizeTotal 7500 Sqft
SizeTotalText 7500 Sqft

https://www.realtor.ca/real-estate/27396665/11732-130-st-nw-edmonton-inglewood-edmonton

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Bill Reid
Associate


Homes & Gardens Real Estate Limited
3659 99 St Nw
Edmonton, Alberta T6E 6K5

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