Rare opportunity to own a cash-flowing legal rooming house / Income Property in Ritchie, one of Edmonton’s most sought-after central communities. This income property features a ~900 sq ft self-contained 1-bedroom suite plus 8 private rental rooms across two levels. The main suite offers stable, long-term income with a tenant since 2009, while rooms rent for $500–$550/month. Updates include a new roof and 3 fully renovated rooms, creating immediate upside with ready-to-lease inventory. The functional 4-up/4-down layout with two half kitchens and multiple bathrooms is ideal for investors, multigenerational living, or an owner-occupier seeking a mortgage helper. Prime location steps to Whyte Ave, Mill Creek Ravine, transit, schools, and the University area ensures rental demand and long-term growth. Strong income with upside potential. (id:58126)
| MLS® Number | 44801928 |
| Property Type | Multi-family |
| Size Interior | 2007 Sqft |
| Acreage | No |
| Size Irregular | 3702.5130629903892 |
| Size Total | 3702.5131 Sqft|under 1/2 Acre |
| Size Total Text | 3702.5131 Sqft|under 1/2 Acre |
https://www.realtor.ca/real-estate/29686683/9732-75-ave-nw-edmonton
Contact us for more information
Ricky Aujla
Associate
(403) 250-2882
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