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Incredible investment opportunity! This 8 suite apartment complex comprises 4(1 bedroom units), 1(2 bedrooms unit) and 3(bachelor units). Large suite sizes. Torch on membrane roof replaced in 2014 by Belvedere roofing, new windows 2014, new Hot water tank 2018, new high efficiency boiler pump 2018. Vendor has just completed over $25k on carpet tiles, luxury vinyl plank flooring, painting, new common area interior and exterior LED lighting for lower utility costs. Recently completed Phase I Environmental Report. Several of the units have been upgraded over the years with new paint, flooring, etc. Incredibly well maintained building. All tenants on month to month leases to optimize cash flow with 90 day rent increases. Energized surface parking stalls in rear. Close to Westmount mall, transit and shopping. Recent Frost & Associates Appraisal. Many new developments in this desirable neighborhood. Super easy property to manage with onsite tenant doing repairs, snow and lawn maintenance. (id:47041)
| MLS® Number | E4405802 |
| Property Type | Multi-family |
| Neigbourhood | Inglewood (Edmonton) |
| Parking Space Total | 8 |
| Constructed Date | 1965 |
| Size Interior | 5248 Sqft |
| Acreage | No |
| Size Irregular | 7500 |
| Size Total | 7500 Sqft |
| Size Total Text | 7500 Sqft |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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