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* (id:47423)
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Detailed Information
Total Area
5,925 ft2
Listing Contract Date
2023-06-24
Municipal ID
ZZ999999999
# of Parking Spaces
10
Property Type
Multi-family
Transaction Type
For sale
Building
Constructed Date
1953
Land
Total Size
7504 square feet
Size of Irregular Land
7504
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