11925 101st St NW Immeuble residentiel 12 lots 1 183 370 € (98 614 €/Lot) Taux de capitalisation 5,40 % Edmonton, AB T5G 2B8

Welcome to this totally renovated from top to bottom apartment at 11925 101 Street, a 12-unit multifamily building located within minutes from NAIT, Kingsway Mall, Royal Alex hospital. 10 Spacious bachelors with open bedroom technically can be closed off to make one bedroom, 1 one-bedroom units, and1 one bedroom plus den larger unit, 6 units have balconies, Roof replaced three years ago. Building has upgraded double paned windows and patio doors.
This building is totally renovated from a fire insurance claim with the rebuild exceeding $800,000, and has just been returned to the owner. The restoration includes: Brand new intercom system, brand new fire monitoring system, new mailboxes. All units completely upgraded with new luxury vinyl plank flooring, new kitchens, new appliances, new lighting, new bathroom, new closet doors, and new paint. Common areas have been upgraded with luxury vinyl planks, new paint, and entire building have been fitted with new energy efficient LED lighting. Building electrical and fire alarms systems updated to meet current specifications. Laundry in building owned by the building to generate extra revenue. Boiler is original but regularly maintained, Hot water tank 10 years old. Asking $155,000 a door total priced at $1.860 million. Solid brick front exterior, rest stucco. Empty building allowing you to bring your own tenants at current market rents. 5.35 % cap rate. Call Jean-Paul Noujaim at 780-707-8152. Remedy Professional Realty.