11045 129 St Nw
129 St NW, Central Edmonton, Edmonton, AB, T5M 0Y4
Quick Summary
Quick Summary
- Prestigious 12-unit apartment building in Westmount
- Extensive $351,800 in property improvements since 2017
- Fully upgraded with new windows, doors, roof, and systems
- Stable tenants with market-rate rents and low turnover
- Profitable with $156,800 annual gross income and 5.34% cap rate
- Ideal turnkey investment for first-time multi-family buyers
- Diverse unit mix of 1, 2, and 3 bedrooms
- Located in desirable Edmonton neighborhood near downtown
This TWELVE (12) Unit Apartment Building is ONE OF FEW UNITS IN PRESTINE CONDITION! here in Edmonton. One - 3 Bedroom: Five- 2 Bedrooms: Six- 1 Bedrooms. Grossing $156,800/Year with a 5.34% Cap Rate *** $351,800 Spent on Improvements since 2017!!! *** Including Improvements & NEW: Windows, Doors, Roof, Fire Alarms (The Entire System with... Show More
This TWELVE (12) Unit Apartment Building is ONE OF FEW UNITS IN PRESTINE CONDITION! here in Edmonton. One - 3 Bedroom: Five- 2 Bedrooms: Six- 1 Bedrooms. Grossing $156,800/Year with a 5.34% Cap Rate *** $351,800 Spent on Improvements since 2017!!! *** Including Improvements & NEW: Windows, Doors, Roof, Fire Alarms (The Entire System with City Permits/License), Intercom System, Security Cameras, Tank-Less HWT & Boiler System, Plumbing, Kitchen Suites, Flooring, Paint, Concrete... In other-words the word EXTENSIVE comes to mind. Every tenant have been hand-picked with Great Diligence & ALL Prefer to Stay! The Market Value Rents are Current & In-Line to keep the Tenants HAPPY! *** THIS is a TURN-KEY Building which would be PERFECT For the First Time Multi-Family Investor. Worth mentioning is the prestige of it being located in WESTMOUNT - Known to be one of Edmonton's Greater Character / Eclectic Neighborhoods just west of Downtown Edmonton. THIS IS THE ONE YOU WE'RE WAITING FOR! (id:54626)
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