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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 22:59:53 GMT
Assumable Mortgage 2.19% | Creative financing 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. *Please do not approach tenants*
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4347114
- Neighbourhood:
- Central Mcdougall
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $1,780,000
General Information
- Year Built:
- 1953
- Zoning/Land Use Code:
- For Sale
- Region:
- Edmonton
Additional Information
- Plan:
- B3
- Legal Block:
- 3
- Legal Lot/Unit:
- 244
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.