House
5 Bedrooms
3 Bathrooms
Size: 1,280 sqft
Built in 1964
$499,999
About this House in Ritchie
CALLING ALL INVESTORS! Welcome to this LEGAL 3-UNIT RAISED BUNGALOW located in the DESIRABLE RITCHIE COMMUNITY. Ritchie, consistently voted one of the best neighbourhoods, offering LOW VACANCY, STRONG TENANT PROFILE and STRONG APPRECIATION! This property offers a RARE CASHFLOW OPPORTUNITY with three self-contained suites, each featuring its own KITCHEN, LIVING AREA, AND BEDROOM. The main-level unit welcomes you with an OPEN-CONCEPT LAYOUT and is filled with NATURAL LIGHT fro…m the LARGE PICTURE WINDOW. The kitchen offers AMPLE CABINETRY and BRIGHT WHITE APPLIANCES, while three bedrooms, including the PRIMARY, and a 4PC BATH complete the space. The FULLY FINISHED BASEMENT hosts TWO ADDITIONAL SUITES, one with a 3PC BATH and the other with a 4PC BATH. NEWER COIN-OPERATED LAUNDRY is conveniently shared between units. This property has MANY RECENT UPDATES, offering strong upside and long-term value. UNIQUE INVESTMENT OPPORTUNITIES LIKE THIS ARE RARE — an excellent addition to any rental portfolio!
Courtesy of of Exp Realty.
CALLING ALL INVESTORS! Welcome to this LEGAL 3-UNIT RAISED BUNGALOW located in the DESIRABLE RITCHIE COMMUNITY. Ritchie, consistently voted one of the best neighbourhoods, offering LOW VACANCY, STRONG TENANT PROFILE and STRONG APPRECIATION! This property offers a RARE CASHFLOW OPPORTUNITY with three self-contained suites, each featuring its own KITCHEN, LIVING AREA, AND BEDROOM. The main-level unit welcomes you with an OPEN-CONCEPT LAYOUT and is filled with NATURAL LIGHT from the LARGE PICTURE WINDOW. The kitchen offers AMPLE CABINETRY and BRIGHT WHITE APPLIANCES, while three bedrooms, including the PRIMARY, and a 4PC BATH complete the space. The FULLY FINISHED BASEMENT hosts TWO ADDITIONAL SUITES, one with a 3PC BATH and the other with a 4PC BATH. NEWER COIN-OPERATED LAUNDRY is conveniently shared between units. This property has MANY RECENT UPDATES, offering strong upside and long-term value. UNIQUE INVESTMENT OPPORTUNITIES LIKE THIS ARE RARE — an excellent addition to any rental portfolio!
Courtesy of of Exp Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the REALTORS® Association of Edmonton which assumes no responsibility for its accuracy.
More Details
- MLS®: E4469161
- Bedrooms: 5
- Bathrooms: 3
- Type: House
- Size: 1,280 sqft
- Lot Size: 406 sqft
- Full Baths: 3
- Half Baths: 0
- Basement: Full, Finished
- Storeys: 2 storeys
- Year Built: 1964
- Style: Bungalow