11739 122 ST NW NW new

Edmonton,AB T5M0B6

$ 599900

- Bed

- Bath

1269 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,269 sqft

Price per Sqft $472

Subdivision Inglewood (Edmonton)

MLS Listing ID E4414623

Originating Board REALTORS® Association of Edmonton

Year Built 1950

Lot Size 7,400 Sqft

Acres 7400.0

Property Description

Buy & Build potential up to 4 Story apartment for a 29 units on a RM h16 zoning CORNER lot 49.9 * 150(140'). The site is backing to green space and off leash Park. The site location near Canadian tire & Superstore and public transportation to Kingsway mall. Bachelor (2 units), 1-bed (18 units), 2-bed (9 units). 29 units estimated gross income $528,000. Cap rate 5.25%. The seller is also option to build the completed project on request. The floorplan is for reference purposes only and is not final. The new owner will collaborate with the designer to optimize the potential of the lot. (id:24570)

Location

Province AB

Exterior

Garage No

View Y/N No

Private Pool No

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