11826 83 St Nw
83 St NW, 118 Avenue, Edmonton, AB, T5B 2Z3
Quick Summary
Quick Summary
- 15 suite 2.5 storey walk-up building in NE Edmonton.
- Excellent mix of 6 One BR and 9 Two BR suites.
- Rents raised this year with room for additional increases.
- Newer vinyl windows in some suites, 10 balconies.
- 15 energized paved parking spots for tenants.
- Coin-op laundry machines, newer hot water tank.
- LED lights in common areas, meets fire code updates.
- Great location close to amenities, bus routes.
Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this... Show More
Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details. (id:54626)
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