$1,080,000

7499 sqft

Invest in the promising potential of Central McDougall with this multi-family property. Built in 1963, this classic building houses 4 one-bedroom units, 2 two-bedroom units, and a sizable three-bedroom unit. Situated just north of Downtown Edmonton, the property is a stone's throw from MacEwan University and the Royal Alex Hospital, making it a great choice for students and healthcare professionals alike. Additionally, its downtown proximity means residents are moments away from a variety of dining, shopping, and entertainment venues. The community is eagerly embracing change and transformation. As an investor, this provides an opportunity for substantial growth and contribution to an area ready for positive change. With a high cap rate, this property presents an enticing opportunity for entry-level multi-family investors looking to make an impact. All proposals are welcome. Creative financing will be considered. *Please do not approach tenants* (id:45344)

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    Property Details

    MLS® Number E4346927
    Property Type Multi-family
    Neigbourhood Central Mcdougall
    Parking Space Total 7

    Building

    Constructed Date 1963
    Size Interior 7499 Sqft

    Land

    Acreage No
    Size Irregular 7499
    Size Total 7499 Sqft
    Size Total Text 7499 Sqft

    https://www.realtor.ca/real-estate/25754016/10711-104-st-nw-edmonton-central-mcdougall

    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