Active
SPRUCE AVENUE
10204 113 Avenue Nw, Edmonton, AB
$1,799,900
Multi-Family · MLS® A22968314,137.47Sq Ft
4Garage
2013Year Built
02 / Overview
PROPERTY OVERVIEW
Are you looking for a MULTI-FAMILY PROPERTY in Central Edmonton? This EXCEPTIONAL, fully tenanted property in Spruce Avenue offers over 5,700 sq. ft. OF WELL-DESIGNED living space across THREE LEVELS. Each unit is thoughtfully laid out with BRIGHT KITCHENS, DEDICATED DINING AREAS, and COMFORTABLE LIVING SPACES. All four upper units feature two SPACIOUS BEDROOMS, each with PRIVATE ENSUITES and WALK-IN CLOSETS, creating an ATTRACTIVE LAYOUT FOR TENANTS. Two of the upper units also include FULLY FINISHED BASEMENTS with an additional...
03 / Details
PROPERTY DETAILS
Property TypeMulti-Family
Building TypeFour Plex
Total Finished Area4,137.47 sq ft
ZoningRS
HeatingBaseboard • Electric • Forced Air • Natural Gas
ParkingAlley Access • Garage Door Opener • Garage Faces Side • Off Street • On Street • Parking Pad • Public Parking • Quad or More Detached
BasementFull
Year Built2013
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$947After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.2%With 20% down payment
Est. Monthly Rent$7,241Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SPRUCE AVENUE
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Investment ScoreN/A
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Listed by Drew Kardash · Professional Realty Group