Dustin Florence Edmonton Real Estate We Sell Homes
Dustin Florence

Central McDougall (Edmonton, Alberta, CA - T5H 3A3)
MLS® $719,000 Reduced!




 

Executive Flat Rate Realty


Dustin Florence
 
Dustin Florence
Email Dustin
 
Phone: (780)490-0053
Cell: (780) 668-8013
Fax: (780) 490-5356
 
Details

Address: 10734-108 Street NW Type: Multifamily Style:  Bedrooms: n/a "7-1Bedrooms, 2-2Bedrooms" Garage: 9-Stalls Size: 0 sq. ft. "9 Units" Lot Type: Rectangular Has Suite: Yes Taxes: $4,140.00 (2008) MLS®: E1010505
 
Description

9 units walk-up apt @ 10734 - 108 St on a 50' wide x 150' long lot. 7 are 1 BR; 2 are 2 BR. 2009 Revenue is $65,880 (Rents from $500 to $750 for a total of $65,400 + $480 laundry) less 2009 expenses of $26,311 before debt = $39,569 Net income (Insurance is $2294; repair & maint is $1440; prop tax is $4863; utilities is $14714; Caretaker fee is $3000). Cap rate is 5.5%. Well kept apartment plus all new windows in 2008 except 2 windows at the stairs. 1 detached garage off back lane.
 
Brokered and Advertised by:   All-Banners Realty P2#7936839
 

Information is deemed to be correct but not guaranteed.