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- Listing#E4190226
- TypeCommercial
- CityEdmonton
- AreaEdmonton
- NeighbourhoodQueen Mary Park
- Postal CodeT5H 3G9
- StyleMulti-Family Commercial
- Price$ 868,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10502
Listing Provided Courtesy Of:
Courtesy of Val Toffoli of MaxWell Polaris.
Property Description
Don't Miss This Opportunity! 5.6% Cap Rate.Belmont Manor is a 9 unit 2.5 storey walk up Apt Bldg on a 7,499.75 sq.ft. RA8 lot in desirable Queen Mary Park. Walk to Downtown,the Ice District/New Arena, Grant MacEwan University,RAH Hospital & all of the`WOW' Amenities of 104th St. LRT & Bus 1 block away. Built in 1968.New $5,000 main entrance door, upgraded Common Areas (new flooring, paint to doors & walls). 4 units substantially upgraded & others upgraded as required as Tenants vacate (Paint, Some Appliances, Flooring, Refurbished Kitchens & Bathrooms). Roof, Balconies & Windows upgraded 2007. 9 generous size well configured one bdrm units. Six above grade units have Balconies. Concrete Foundation, Brick/ Stucco Exterior, Tar/Gravel Roof, Hot Water Heating. Energized Parking Stalls. Tenants pay their Power. Varied Rental Rates with 4 units below Market Rates. Includes 9 stoves & fridges. Coin Laundry Machines are leased with a rare 70/30 split to Owner. Clean, well maintained property. Proforma available.
General Features
Community | Queen Mary Park |
---|---|
Listing Area | Edmonton |
Number of Units | 9 |
Status | ACTIVE |
Type | Multi-Family Commercial |
Year Built | 1968 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Postal Code Average in T5H 3G9
Statistics provided by Inside Real Estate