10201 100 Av Morinville, Alberta T8R 1P7
$457,000
Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building boasts over a 8 cap rate and could easily be bumped up to double digit returns with adjustments of leases. Built in 1910 , this building had benefited from major infrastructure upgrades in 2010 to the plumbing, electrical and heating. Main floor offers over 2000 square feet of office retail, currently leased to a law firm. Bright open reception area with 2 offices in the back. The second floor offers a three bedroom unit with hardwood floors, and a one bedroom unit also updated. Great revenue property to add to your portfolio! (id:57312)
Property Details
| MLS® Number | E4414006 |
| Property Type | Multi-family |
| Neigbourhood | Morinville |
| ParkingSpaceTotal | 4 |
Building
| ConstructedDate | 1910 |
| SizeInterior | 4100 Sqft |
Land
| Acreage | No |
| SizeIrregular | 4950 |
| SizeTotal | 4950 Sqft |
| SizeTotalText | 4950 Sqft |
https://www.realtor.ca/real-estate/27664682/10201-100-av-morinville-morinville
Interested?
Contact us for more information
Tim A. Gartner
Associate
10630 124 St Nw
Edmonton, Alberta T5N 1S3
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 19 2024 05:00:11
REALTORSยฎ Association of Edmonton
Maxwell Progressive