This is a 2 story, wood frame construction complex. Legal 4 units. Each self contained with separate entry. No common hallway. Coin operated washer/dryer in the basement all suits have been upgraded. 5 new windows, hot water heating system completely upgraded. Building was under the RRAP Program which has completed. Current rents are very low due to the program but can be increased after the sale. Long term, stable tenants. Rent includes all utilities at market rents, this cash flows over 40,000/year. Cap rate of 5.58%
Dryer, Stove-Countertop Electric, Washer, Refrigerators-Two
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.