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$ 1,275,000
Est. payment | /mo
7,384 SqFt
$ 1,275,000
Est. payment | /mo
7,384 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type for sale
Square Footage 7,384 sqft
Price per Sqft $172
MLS® Listing ID E4371956
Year Built 1960
Property Description
Welcome to River Quarters, a very well managed and maintained 2.5 Storey 11 unit building located in the community of Boyle Street bordering the eastern edge of Edmonton’s central business district. 1960 solid wood frame building with brick and stucco exterior. The building consists of nine spacious 1 bedrooms, one large 2 bedroom and one Bachelor unit (Add Value Unit). Pride of ownership can be seen throughout the property. Extensive redevelopment and many changes have occurred within the neighbourhood during the past few years making this a great opportunity to add to your existing portfolio or simply start your multi family portfolio. Units are individually metered for electricity. The building is currently 100% leased with long term residents making this property a turn key investment that needs nothing. Great multi-family investment opportunity that will bring positive cash flows for years.
Location
Province AB
Community Boyle Street
Area Edmonton
Building
Story 2.5
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Jaime Lopresti • RE/MAX Excellence
Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
So if you are here to learn about the real estate and housing markets, learning specifically about the Edmonton and area real estate market, or investing in real estate, I can be your guide!
I would love to connect!