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Courtesy of Sean Gerke, Damir Knezevic of Century 21 All Stars Realty Ltd.
Data was last updated 2024-05-19 at 23:16:12 GMT
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*
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4346927
- Neighbourhood:
- Central Mcdougall
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $1,080,000
General Information
- Year Built:
- 1963
- Zoning/Land Use Code:
- For Sale
- Region:
- Edmonton
Additional Information
- Plan:
- B4
- Legal Block:
- 3
- Legal Lot/Unit:
- 265 & 266
Other Information
- Land Size Hectares:
- 0
- Zoning/Land Use:
- CB1
- Building Type:
- Low Rise (2-4 stories)
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This property is listed by Sean Gerke, Damir Knezevic of Century 21 All Stars Realty Ltd and provided here courtesy of
John Carter.
For more information or to schedule a viewing please contact John Carter.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.