RARE OPPORTUNITY to own this 5-Plex in the Heart of Downtown! Excellently maintained - Family owned & Operated for Decades ! Featuring 2 x 2 Bedroom Units upstairs, 2 x 1 Bedroom Units in the basement & a 3 Bedroom Spacious Main floor Unit. This property could operate @ a 4.94% Cap Rate with an operating Annual rent of $79,200 - EASILY! Great Holding Property with Large Scale Zoning! This property is Very Turn Key and features Multiple Entrances for complete tenant/owner privacy PLUS a 33 x 22 Triple Car Garage along with about 5 Exterior parking stalls on the driveway. The owners fenced backyard is a Beautiful Peaceful serenity amongst the busy vibrant life of downtown! All Fire Code permits are up to date. This is the Opportunity to be a few steps from Jasper Avenue in a Centralized portion of Downtown. Excellent Purchase for Large Family / Investors to Buy & Hold or Develop! (id:13843)
| MLS # | 45746774 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1955 |
| Days On Site | 14 |
| Listing Provided By | Sterling Real Estate | Dustin Batuik |
| SQ Feet | 3,049 |
|---|---|
| Acreage | 0.15 |
| Fireplace Yes / No | No |
|---|
| Parking Total | 7 |
|---|
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T5K1N9 |
| Listing VS Median (in T5K1N9) | |
Price: $930,000 low | high Med: $930,000 sqft: 3,049 low | high Med: 3,063 $ / sqft: $305 low | high Med: $304 On site: 14 low | high Med: 8 | |
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T5K1N9 |
| Listing VS Median (in T5K1N9) | |
Price: $930,000 low | high Med: $930,000 sqft: 3,049 low | high Med: 3,063 $ / sqft: $305 low | high Med: $304 On site: 14 low | high Med: 8 | |