$1,999,888

Investment For Sale In Westmount, Edmonton, Alberta

$1,999,888

Property Information:

This TWELVE (12) Unit Apartment Building is ONE OF FEW UNITS IN PRESTINE CONDITION! here in Edmonton. One - 3 Bedroom: Five- 2 Bedrooms: Six- 1 Bedrooms. Grossing $156,800/Year with a 5.34% Cap Rate *** $351,800 Spent on Improvements since 2017!!! *** Including Improvements & NEW: Windows, Doors, Roof, Fire Alarms (The Entire System with City Permits/License), Intercom System, Security Cameras, Tank-Less HWT & Boiler System, Plumbing, Kitchen Suites, Flooring, Paint, Concrete... In other-words the word EXTENSIVE comes to mind. Every tenant have been hand-picked with Great Diligence & ALL Prefer to Stay! The Market Value Rents are Current & In-Line to keep the Tenants HAPPY! *** THIS is a TURN-KEY Building which would be PERFECT For the First Time Multi-Family Investor. Worth mentioning is the prestige of it being located in WESTMOUNT - Known to be one of Edmonton's Greater Character / Eclectic Neighborhoods just west of Downtown Edmonton. THIS IS THE ONE YOU WE'RE WAITING FOR! (id:27)

Building Features:

  • Style: Multiplex
  • Amenities: Vinyl Windows
  • Fire Protection: Smoke Detectors

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Playground, Shopping, Public Transit, Schools
  • Built in: 1968
  • Features: See remarks, Lane, No Animal Home, No Smoking Home
  • Lot Size: 13939.20 Square Feet
  • No. of Parking Spaces: 12

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.