MULLER REALTY

Business (780) 349-0000

Toll Free 1-855-349-0097

Email: info@mullerrealty.ca

Our Agents' Listings

Courtesy of Trent B Muller of Muller Realty Inc

9719 99 Street
Westlock Westlock T7P 1Y5

$590,000
Multi-Family Commercial

Main Photo: 9719 99 Street: Westlock Multi-Family Commercial for sale : MLS®# E4236315
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4236315
Build. Type:
Freestanding
This 6 unit walk-up apartment building was built in 1975, very well maintained with pristine upkeep. The suites are all fully rented except for one that the owners occupy. Each unit includes a fridge and stove. One unit is a one bedroom suite and other 5 are 2 bedrooms. Single water meter, 7 power meters. 9 Parking stalls, 6 are covered stalls (large carport). New Fencing along the west side parking lot in 2016. New roof in 2010. Bolier heat (Dec 2003) and hot water tank (2016) are fairly recently upgraded. Landlord pays $68 per month for garbage bin and its emptied once every 2 weeks.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Freestanding, Low Rise (2-4 stories)
# Bldgs:
1
# Units:
6
Tot Pkg Spaces:
12
# Storeys:
2.5
Year built:
1975 (Age: 46)
Total Floor Area:
5,300 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
R-3
Lot Depth:
120'
Lot Frontage:
120'
Heating Source:
Natural Gas
Plan:
7520545
Title to Land:
Fee Simple
LINC Number:
0015119613
Level Land, Landscaped, No Back Lane
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
HVAC:
Baseboard
Num. of Parcels:
1
Cap Rate %:
5.4
Gross Operating Income:
$51,000
Other Income:
$1,000
Effective Gross Income:
$52,000
Net Operating Income:
$32,000
Total Oper. Expenses:
$20,000
Tot Expenses:
$20,000
Entry date:
Apr 03, 2021
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Data was last updated April 22, 2021 at 12:30 PM (UTC)
Trent Muller
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.