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$ 424,900
Est. payment | /mo
3,294 Sqft Lot
$ 424,900
Est. payment | /mo
3,294 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 43870207
Year Built 1910
Lot Size 3,294 Sqft
Acres 3294.9873
Source REALTORS® Association of Edmonton – Commercial
Property Description
PORTFOLIO SALE!!! This property consists of 6/80 total doors. Properties being sold either individually or as package deals. WELCOME TO THIS WELL-KEPT MULTI-FAMILY PROPERTY IN EDMONTON'S DOWNTOWN EAST AREA—A CLEAN, QUIET, AND AFFORDABLE RENTAL OPTION THAT ATTRACTS LONG-TERM TENANTS. The building has received IMPORTANT RECENT UPGRADES, including a 2020 HOT WATER TANK, 2020 FURNACE, 2024 ROOF, and 2024 EAVESTROUGHS, offering REDUCED FUTURE CAPITAL REQUIREMENTS.This PROPERTY FEATURES 4 KITCHENS AND 2 BATHROOMS. The THREE MAIN FLOOR UNITS EACH HAVE THEIR OWN PRIVATE KITCHEN, while the THREE SECOND-FLOOR UNITS SHARE A KITCHEN. A SIMPLE, EFFICIENT LAYOUT THAT SUPPORTS STRONG DEMAND IN THIS MARKET.ENGINEERED POSTING WAS INSTALLED INSIDE, and TRENCHED SKIRTING WAS COMPLETED ON THE EXTERIOR to EXTEND FOUNDATION LIFE FOR DECADES—A SIGNIFICANT VALUE ADD FOR INVESTORS LOOKING FOR LONG-TERM STABILITY.The PROPERTY IS FULLY ENCLOSED with 6-FOOT SECURITY FENCING AND LOCKED GATES, promoting a SAFE AND CONTROLLED ENVIRONMENT. TURNOVER IS EXTREMELY LOW, with MANY LONG-TERM TENANTS. A SOLID, LOW-MAINTENANCE INVESTMENT offering CONSISTENT CASH FLOW, STRONG RENTAL DEMAND, and LONG-TERM DURABILITY in a CENTRAL LOCATION. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Listed by Exp Realty
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