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Descriptions:
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.
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Location & Listing Info: |
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Property Info: |
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Property Type: |
Multi-Family Commercial |
Year Built: |
1926 |
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Additional Info: |
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Legal Description: |
9263
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Contact Korey McIntosh -
5901 50 St #8, Leduc, Alberta, T9E 6J8
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Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 13, 2024, 11:33 pm. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons 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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