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$ 494,900
Est. payment | /mo
3,306 Sqft Lot
$ 494,900
Est. payment | /mo
3,306 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 43869203
Year Built 1910
Lot Size 3,306 Sqft
Acres 3306.9358
Source REALTORS® Association of Edmonton – Commercial
Property Description
PORTFOLIO SALE!!! This property consists of 8/80 total doors being sold. Properties either individually sold or as package deals. WELCOME TO THIS WELL-MAINTAINED MULTI-FAMILY PROPERTY IN EDMONTON'S DOWNTOWN EAST AREA—A CLEAN, QUIET, AND AFFORDABLE HOUSING OPTION WITH STRONG LONG-TERM TENANT DEMAND. Significant RECENT UPGRADES include a 2021 HOT WATER TANK, 2021 FURNACE, 2021 ROOF, and 2023 EAVESTROUGHS, offering REDUCED CAPITAL EXPENDITURES for YEARS TO COME.This BUILDING FEATURES 4 KITCHENS AND 4 BATHROOMS. The MAIN FLOOR and THIRD-FLOOR UNITS EACH HAVE THEIR OWN PRIVATE KITCHEN AND BATHROOM. The THREE BASEMENT UNITS SHARE A KITCHEN AND BATHROOM, and the THREE SECOND-FLOOR UNITS ALSO SHARE THEIR OWN KITCHEN AND BATHROOM—A FUNCTIONAL AND EFFICIENT LAYOUT THAT SUPPORTS CONSISTENT RENTAL PERFORMANCE.ENGINEERED POSTING HAS BEEN INSTALLED INSIDE, and TRENCHED SKIRTING WAS COMPLETED ON THE EXTERIOR to EXTEND THE LONG-TERM LIFE OF THE FOUNDATION—A MAJOR VALUE-ADD FOR INVESTORS SEEKING DURABILITY AND REDUCED FUTURE COSTS.The PROPERTY IS FULLY SECURED with 6-FOOT SECURITY FENCING AND LOCKED GATES around the perimeter, creating a SAFE AND CONTROLLED ENVIRONMENT. TURNOVER IS EXTREMELY LOW, with MANY LONG-TERM TENANTS. A RELIABLE, LOW-MAINTENANCE INVESTMENT WITH STRONG DEMAND AND STABLE CASH FLOW 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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