My Listings

Courtesy of Glenn G Fisher of RE/MAX Real Estate

7107 132 Avenue
Zone 02 Edmonton T5C 2A7

$1,499,900
Multi-Family Commercial

Main Photo: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 1: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 2: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 3: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 4: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 5: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 6: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 7: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 8: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 9: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 10: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 11: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 12: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 13: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Photo 14: 7107 132 Avenue in Edmonton: Zone 02 Multi-Family Commercial for sale : MLS®# E4299777
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4299777
Build. Type:
Multi Tenant/Multi Plex
This 12 unit 2.5 storey walk up boasts numerous upgrades including newer roof, hot water system, windows, and several updated suites! There are a total of 12 - three 1br, seven 2br, and two 3br. As well, there are numerous long term tenants and low turnover. Balconies on upper two floor apartments and 15 parking stalls offer convenience to tenants, and the location backing onto a school park and right next door to a daycare offers additional appeal to young families. Close to schools and public transit, this is a great income opportunity with minimal maintenance!
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multi Tenant/Multi Plex, Walk Up
# Units:
12
Tot Pkg Spaces:
15
# Storeys:
2.5
Year built:
1969 (Age: 53)
Total Floor Area:
9,016 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
1023660
Title to Land:
Freehold
LINC Number:
0034356858
Num. of Parcels:
1
Cap Rate %:
4.4
Gross Operating Income:
$129,190
Other Income:
$2,250
Effective Gross Income:
$131,440
Net Operating Income:
$67,963
Total Oper. Expenses:
$0
Tot Expenses:
$63,476
Entry date:
Jun 16, 2022
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Data was last updated December 7, 2022 at 04:30 AM (UTC)
GLENN FISHER
HEATHER MOELLERING
Copyright 2022 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.