Welcome to an exceptional investment opportunity offering impressive returns! This meticulously maintained multifamily property features five bachelor suites with a den and boasts a stellar 10.3% capitalization rate (Cap Rate), making it a standout choice for savvy investors looking to maximize their ROI. 4 above ground suites with 1 in the basement. Completely upgraded electrical and plumbing, newer shingles in 2019, new hot water tank in 2023! Located in Central Edmonton in little Italy this great property is steps to public transportation and shopping! Single detached garage and additional parking pad complete this great property. Very low vacancy, one of the tenants has been in the building over 20 years. (id:36938)
MLS® Number | E4384171 |
Property Type | Multi-family |
Neigbourhood | Mccauley |
Parking Space Total | 2 |
Constructed Date | 1926 |
Size Interior | 1799 Sqft |
Acreage | No |
Size Irregular | 3937 |
Size Total | 3937 Sqft |
Size Total Text | 3937 Sqft |
https://www.realtor.ca/real-estate/26807583/9263-110a-av-nw-edmonton-mccauley
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