5925 sqft

Assumable Mortgage 2.19% | VTB offers will be considered | Exceptional investment opportunity in the heart of downtown Edmonton! This centrally-located property, zoned CB1, boasts a portfolio of 10 fully-leased units, offering a healthy cap rate and perfect for entry-level multifamily investors. This dynamic assortment includes 6 one-bedroom units, 2 two-bedroom units, and a spacious three-bedroom unit. Additionally, the property includes a non-compliant bachelor suite. Benefit from the location, within walking distance to both MacEwan University and the Royal Alexandra Hospital. Residents enjoy immediate access to education, healthcare, and the downtown lifestyle. Furthermore, this property resides in a community presently undergoing a vigorous renewal process, heralding promising prospects for increased future value. All proposals are welcome. (id:45344)

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    Property Details

    MLS® Number E4347114
    Property Type Multi-family
    Neigbourhood Central Mcdougall
    Parking Space Total 10


    Constructed Date 1953
    Size Interior 5925 Sqft


    Acreage No
    Size Irregular 7504
    Size Total 7504 Sqft
    Size Total Text 7504 Sqft


    Brian Cyr
    Remax Elite
    BrianCyr StAlbert 1
    “Brian never pressured us in any way, making us feel comfortable in our dealings with him. We would highly recommend him as a professional realtor.”
    - Bill & Kathy Hill