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Courtesy of Marc Mcmahon of The Foundry Real Estate Company Ltd.
Data was last updated 2024-05-18 at 16:59:07 GMT
Welcome to an exceptional investment opportunity offering impressive returns! This meticulously maintained multifamily property features five bachelor suites with a den and boasts a stellar 10.3% capitalization rate (Cap Rate), making it a standout choice for savvy investors looking to maximize their ROI. 4 above ground suites with 1 in the basement. Completely upgraded electrical and plumbing, newer shingles in 2019, new hot water tank in 2023! Located in Central Edmonton in little Italy this great property is steps to public transportation and shopping! Single detached garage and additional parking pad complete this great property. Very low vacancy, one of the tenants has been in the building over 20 years.
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4384171
- Neighbourhood:
- Mccauley
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $249,900
General Information
- Year Built:
- 1926
- Zoning/Land Use Code:
- For Sale
- Region:
- Edmonton
Additional Information
- Plan:
- 706HW
- Legal Block:
- -
- Legal Lot/Unit:
- A
Other Information
- Land Size Hectares:
- 0
- Building Type:
- Multi Tenant/Multi Plex
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This property is listed by Marc Mcmahon of The Foundry Real Estate Company Ltd and provided here courtesy of
Kyle Rossiter.
For more information or to schedule a viewing please contact Kyle Rossiter.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.