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$ 599,900
Est. payment | /mo
1,269 SqFt
$ 599,900
Est. payment | /mo
1,269 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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