This rare concrete-constructed building combines long-term durability with strong tenant appeal, making it an excellent addition to any investment portfolio. Featuring 6 suites (1 one-bedroom and 5 two-bedroom), the property boasts upgraded dual-pane windows and remodeled interiors. With below-market rents and separately metered utilities, there is immediate potential to enhance cash flow and increase returns. Strategically positioned near the future Valley Line LRT in a rapidly growing, transit-oriented community, this investment is well-poised for both short-term gains and long term growth. (id:13843)
MLS# | E4421133 |
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Listing Type | For Sale |
Status | Active |
Year | 1964 |
Days On Site | 74 |
Listing Provided By | NAI Commercial Real Estate Inc | Jesse Alaeddine |
SQ Feet | 4,520 |
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Acreage | 0.17 |
Province | AB |
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City | Edmonton |
Postal Code | T5P2H2 |
Listing VS Median (in T5P2H2) | |
Price: $784,900 low | high Med: $784,900 SqFt: 4,520 low | high Med: 4,520 $ / SqFt: $174 low | high Med: $174 On site: 74 low | high Med: 74.000000 |