RARE OPPORTUNITY to own this 5-Plex in the Heart of Downtown! Although much of it is in Original Condition, this Property has been Excellently maintained! 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 in a Clean Central Spo (id:58126)
| MLS® Number | 45371864 |
| Property Type | Multi-family |
| Parking Space Total | 7 |
| Constructed Date | 1955 |
| Size Interior | 3049 Sqft |
| Acreage | No |
| Size Irregular | 6451.236000000001 |
| Size Total | 6451.236 Sqft|under 1/2 Acre |
| Size Total Text | 6451.236 Sqft|under 1/2 Acre |
https://www.realtor.ca/real-estate/30103112/10017-113-street-edmonton
Contact us for more information
Dustin Batuik
Associate
(780) 406-0099
(780) 471-8058
Rosanne Gevy
Associate
(780) 406-0099
(780) 471-8058
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