11,961 ft2
$2,199,900
Rare opportunity to acquire a purpose-built 9-unit townhouse complex in the established community of Lee Ridge. Each unit offers 3 spacious bedrooms, appealing to long-term family tenants and ensuring strong rental demand. The property is strategically located with direct access to major arteries including 97 Street, Whitemud Drive, Anthony Henday, 66 Street, 34 Avenue, and 75 Street, placing it minutes from Mill Woods Town Centre, Costco, Southgate Mall, South Edmonton Common, Grey Nuns Hospital, and the Mill Woods Rec Centre. Units 109, 151, and 153 have been renovated, while others present upside for future value-add improvements. Fully tenanted with reliable cash flow and supported by ample on-site parking, this asset combines stability with growth potential in one of Southeast Edmonton’s most connected neighbourhoods. (id:47041)
Property Details
MLS® Number
|
E4455712 |
Property Type
|
Multi-family |
Neigbourhood
|
Lee Ridge |
Features
|
See Remarks |
Parking Space Total
|
9 |
Structure
|
Deck |
Building
Constructed Date
|
1976 |
Size Interior
|
11,961 Ft2 |
Land
Acreage
|
No |
Size Irregular
|
24760 |
Size Total
|
24760 Sqft |
Size Total Text
|
24760 Sqft |
https://www.realtor.ca/real-estate/28802735/149-153-millbourne-rd-e-nw-edmonton-lee-ridge