Office Listings

Courtesy of Moe Charara of Royal Lepage Arteam Realty

12147 123 St
Zone 04 Edmonton T5L 0H4

$1,699,900
Multi-Family Commercial

Main Photo: 12147 123 St in Edmonton: Zone 04 Multi-Family Commercial for sale : MLS®# E4246317
Photo 1: 12147 123 St in Edmonton: Zone 04 Multi-Family Commercial for sale : MLS®# E4246317
Photo 2: 12147 123 St in Edmonton: Zone 04 Multi-Family Commercial for sale : MLS®# E4246317
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4246317
Build. Type:
Multi Tenant/Multi Plex
Stunning 4Plex feat. 8 units total & a potential cap rate of 5.5%, which combined with the current CMHC program, is a great addition to any real estate portfolio with the ability to cash flow immediately with minimal investment. This high end building is not your typical 4plex building & feat. the highest end of finishings on the interior & exterior. White exterior board & batten siding is complimented by stunning Lux Panel & Black Brick. Main floor feat. include plush white oak laminate, designer lighting, designer plumbing, Upgraded 42” upper Aya kitchen cabinetry, iron railings, 9 ft ceilings, quartz tops throughout all floors, & much more. Upper floor feat. 2 master bedrooms with custom tiled showers. All units feat. a full set of appliances including washer & dryer. All units all feat. a yard & the property comes fully landscaped. 4 single attached garages & a full parking pad for additional parking. Prince Charles is only minutes away from trendy 124 St, the Brewery District, & the downtown core.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multi Tenant/Multi Plex
# Units:
8
Tot Pkg Spaces:
8
# Storeys:
2.0
Year built:
2021 (Age: 0)
Total Floor Area:
4,108 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RF3
Plan:
RN64
Title to Land:
Fee Simple
LINC Number:
0011327418
Corner Site, Flat Site, Golf Nearby, Level Land, Landscaped, Playground Nearby, Shopping Nearby, Public Transportation, Back Lane, Schools, See Remarks
Possession Date:
Jan 31, 2022
Num. of Parcels:
1
Cap Rate %:
5.5
Gross Operating Income:
$0
Other Income:
$0
Effective Gross Income:
$115,200
Net Operating Income:
$90,000
Total Oper. Expenses:
$25,200
Tot Expenses:
$0
Entry date:
May 28, 2021
  • Photo 1: 12147 123 St in Edmonton: Zone 04 Multi-Family Commercial for sale : MLS®# E4246317
    Photo 1 of 2
  • Photo 2: 12147 123 St in Edmonton: Zone 04 Multi-Family Commercial for sale : MLS®# E4246317
    Photo 2 of 2
Data was last updated September 20, 2021 at 12:30 PM (UTC)
JAMIE HUBICK
JASON HUBICK
Copyright 2021 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.