Penthouse
6 Bedrooms
4 Bathrooms
Size: 1,751 sqft
Mnt Fee:
$350,000
About this Penthouse in Alberta Avenue
Currently, fully rented 4-plex, featuring 4 legal suites in central Edmonton. This property has seen many updates, including flooring, kitchens, bathrooms, windows, lighting, electrical plugs, smoke alarms, fire extinguishers, a sump pump, and a newer hot water tank. All windows recently upgraded to double-pane windows, 5 upgraded this year. All suites are currently occupied by compliant tenants, providing immediate rental income. Two tenants have expressed interest in remai…ning long-term, one tenant would prefer short-term, and the main-floor suite may be available upon sale, offering flexibility for an owner-occupant or future rental plans. An excellent opportunity for investors seeking a revenue-generating property with significant upgrades already completed. Minimal cosmetic updating may be required between tenancies. Conveniently located in a central Edmonton neighbourhood undergoing continued revitalization and growth, with access to amenities, transit, and major commuter routes.
Courtesy of of People 1st Realty.
Currently, fully rented 4-plex, featuring 4 legal suites in central Edmonton. This property has seen many updates, including flooring, kitchens, bathrooms, windows, lighting, electrical plugs, smoke alarms, fire extinguishers, a sump pump, and a newer hot water tank. All windows recently upgraded to double-pane windows, 5 upgraded this year. All suites are currently occupied by compliant tenants, providing immediate rental income. Two tenants have expressed interest in remaining long-term, one tenant would prefer short-term, and the main-floor suite may be available upon sale, offering flexibility for an owner-occupant or future rental plans. An excellent opportunity for investors seeking a revenue-generating property with significant upgrades already completed. Minimal cosmetic updating may be required between tenancies. Conveniently located in a central Edmonton neighbourhood undergoing continued revitalization and growth, with access to amenities, transit, and major commuter routes.
Courtesy of of People 1st Realty.
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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®: E4493704
- Bedrooms: 6
- Bathrooms: 4
- Type: Penthouse
- Size: 1,751 sqft
- Lot Size: 368 sqft
- Full Baths: 4
- Half Baths: 0
- Basement: Full, Finished
- Storeys: 3 storeys
- Year Built: 1922
- Style: 2 Storey
More about Alberta Avenue, Edmonton
Latitude: 53.563051
Longitude: -113.4860275