Courtesy Of Gary Mah Of Exp Realty

12321 82 St Nw, Edmonton, AB

$850,000

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9,085

Square feet

About 12321 82 St Nw

This 9 Unit Multi-Family property is located at 12321-82 Street NW in Edmonton, Alberta. It is a 2.5 storey wood frame building with a concrete foundation originally constructed in 1968 and there are 2 Bachelor; 4 One BR; plus 3 Two BR suites. The exterior is covered with brick, stucco and siding and there are 6 balconies. The roof was replaced in 2017 and the boiler is original and serviced. This is an EXCELLENT VALUE ADD opportunity for the right buyer!! Close to Yellowhead Freeway, major arterial roads, and transit stops for commuting. Great for Tenants with a Walkscore of 73. Catch the wave of rising rents to higher net operating incomes and it's a great candidate for CMHC MLI Select insured financing. Recently Appraised at over $950,000. APOD/Proforma numbers are projected. Property is being sold AS-IS WHERE-IS. It is anticipated that Units 4 & 6 will be repaired and operating by July 15, 2024.

Features of 12321 82 St Nw

MLS® # E4392363
Price $850,000
Square Footage 9,085
Acres 0.00
Year Built 1968
Type Multi-Family Commercial

Community Information

Address 12321 82 St Nw
Area Edmonton
Subdivision Elmwood Park
City Edmonton
Province AB
Postal Code T5B 2X3

Amenities

Parking Spaces 9
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Has Basement No

Exterior

Construction Wood Frame

Additional Information

Date Listed June 12th, 2024
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Gary Mah Of Exp Realty

Listing Map