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10711 104 St Nw Edmonton, Alberta T5H 2W4

7499 sqft

$1,080,000

Invest in the promising potential of Central McDougall with this multi-family property. Built in 1963, this classic building houses 4 one-bedroom units, 2 two-bedroom units, and a sizable three-bedroom unit. Situated just north of Downtown Edmonton, the property is a stone's throw from MacEwan University and the Royal Alex Hospital, making it a great choice for students and healthcare professionals alike. Additionally, its downtown proximity means residents are moments away from a variety of dining, shopping, and entertainment venues. The community is eagerly embracing change and transformation. As an investor, this provides an opportunity for substantial growth and contribution to an area ready for positive change. With a high cap rate, this property presents an enticing opportunity for entry-level multi-family investors looking to make an impact. All proposals are welcome. Creative financing will be considered. *Please do not approach tenants* (id:49443)

Property Details

MLS® Number E4346927
Property Type Multi-family
Neigbourhood Central Mcdougall
Parking Space Total 7

Building

Constructed Date 1963
Size Interior 7499 Sqft

Land

Acreage No
Size Irregular 7499
Size Total 7499 Sqft
Size Total Text 7499 Sqft

https://www.realtor.ca/real-estate/25754016/10711-104-st-nw-edmonton-central-mcdougall