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$ 1,470,000
Est. payment | /mo
4,044 SqFt
$ 1,470,000
Est. payment | /mo
4,044 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,044 sqft
Price per Sqft $363
Subdivision Riverside Meadows
MLS® Listing ID E4412750
Year Built 1973
Lot Size 0.393 Acres
Acres 17124.0
Source REALTORS® Association of Edmonton
Property Description
An exceptional investment opportunity with this twelve unit, fully rented apartment complex in a prime location near the Red Deer River. With ample stall parking on site, this building is perfectly positioned for renters. The Raventhorpe is in a quiet neighbourhood and yet offers convenient proximity to essential amenities, including the nearby mall and bus stops. Just a short walk to Bower Ponds, residents enjoy immediate access to the city's extensive network of walking and biking paths. This property includes 3 one bed/one bath units and 9 two bed/one bath units, is fully rented and there is potential to increase rents. Almost half of the suites have been renovated and for buyers looking for an additional advantage, this building has been condominiumized with all 12 suites individually titled allowing an investor to hold the building as a long term investment or sell suites individually . (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 12
Private Pool No
Listed by Sotheby's International Realty Canada
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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