$975,000

Investment For Sale In Oliver, Edmonton, Alberta

$975,000

Property Information:

RARE OPPORTUNITY to own this 5-Plex in the Heart of Downtown! Although much of it is in Original Condition, this Property has been Excellently maintained! Featuring 2 x 2 Bedroom Units upstairs, 2 x 1 Bedroom Units in the basement & a 3 Bedroom Spacious Main floor Unit. This property could operate @ a 4.94% Cap Rate with an operating Annual rent of $79,200 - EASILY! Great Holding Property with Large Scale Zoning! This property is Very Turn Key and features Multiple Entrances for complete tenant/owner privacy PLUS a 33 x 22 Triple Car Garage along with about 5 Exterior parking stalls on the driveway. The owners fenced backyard is a Beautiful Peaceful serenity amongst the busy vibrant life of downtown! All Fire Code permits are up to date. This is the Opportunity to be a few steps from Jasper Avenue in a Centralized portion of Downtown. Excellent Purchase for Large Family / Investors to Buy & Hold or Develop in a Clean Central Spo (id:27)

Building Features:

  • Floor Space: 3049 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 1955
  • Floor Space (approx): 3049 Square Feet
  • Irregular: Yes
  • Lot Size: 6451.24 Square Feet
  • No. of Parking Spaces: 7

Courtesy of: Sterling Real Estate

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.