18 unit Rooming House that has been very well maintained and run! 17 units consisting of a combination of bachelor, double or triple rooms. Top Penthouse unit is self contained with its own kitchen, bathroom, living room and bedrooms - perfect for the potential investor to live in or have a high earning unit! Excellent location with proximity to Downtown. Interior upgrades have been completed through the years including windows furnaces, hot water tank, bathrooms, paint, flooring wiring etc. Good holding property with excellent return & potential for future development. 5 parking stalls in back! Cap rate over 14%.
Contact Melody Kilbank About MLS® E4374198
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Melody Kilbank, 780-893-9987 at RE/MAX River City, 13120 St. Albert Trail NW, Edmonton, Alberta, T5L 4P6
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