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Renanza Realty
For sale

10970 97 ST NW

Edmonton, Alberta

MLS® 45783356

$728,888

Status
Active
Property type
Multi-family
MLS® number
45783356
Bedrooms
—
Bathrooms
—
Year built
1955

Listing description

INVESTOR ALERT! ONE OF EDMONTONS BEST PRICED MULTIFAMILY OPPORTUNITIES! Excellent opportunity to own this fully rented 6-unit apartment building in the heart of Edmonton!

Built in 1955, this well-established walk-up features 6 spacious one-bedroom suites, each approximately 650 Sq. Ft. With 100% occupancy, and a history of consistently strong rental demand, this property is an excellent addition to any investment portfolio!

Several important upgrades have already been completed, including a newer hot water tank (2023), furnace (2011), asphalt and tar roof (2012), and approximately 35–40% of the windows replaced in 2012. Fantastic central location just minutes from Downtown Edmonton, Chinatown, Royal Alexandra Hospital, NAIT, Kingsway Mall, and an incredible selection of restaurants, cafés, shopping, and amenities along 97 Street! Excellent access to public transit and major commuter routes makes this a convenient location for tenants.

Whether youre a seasoned investor or looking to purchase your first apartment building, this fully occupied 6-suite property offers immediate rental income in an established central Edmonton neighbourhood. Dont wait, this will not stick around long!

Property summary

MLS® number
45783356
Property type
Multi-family
Land size
5009.4 square feet
Built in
1955
Days on market
18 days

What would this home cost you?

Based on the $728,888 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,391 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Elite, Edmonton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.