Property Details for MLS® # E4347114
Multi-Family Commercial for Sale
Property For Sale In Central Mcdougall, Edmonton
- MLS®#: E4347114
- Price: $1,780,000
- Year Built: 1953
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*
Contact Arvinder Clair About MLS® E4347114
Arvinder Clair, 780-964-1728 at Maxwell Realty Polaris, 4107 99 St, Edmonton, Alberta, T6E 3N4
property information
- Property Type: Multi-Family Commercial
- MLS®#: E4347114
- Year Built: 1953
Community Information
- Neighbourhood: Central Mcdougall
- City: Edmonton
- Postal Code: T5H 0V7
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