10970 97 ST NW

Edmonton, Alberta

Photo of 10970 97 ST NW, Edmonton

$728,888

Multi-family · Built 1950

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Listed by RE/MAX Elite

About this home

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! (id:67470)

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