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Listed by Megan Prusko • Exp Realty
$ 1,699,990
$ 1,699,990
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 44426968
Year Built 2016
Property Description
FULLY TENANTED, corner lot exceptional 6-unit income property offering a rare and highly functional suite mix in Edmonton's mature Westwood neighbourhood just minutes from NAIT. Built in 2016, this well-maintained building sits on four separate condominiumized titles with no condo fees, creating flexible financing options for investors.The property features two 4-bedroom + 3.5 bath (2 baths are generous ensuites) townhome-style units, two 2-bedroom + 2.5 bath units main floor units (2 baths are generous ensuites) , and two 1-bedroom legal basement suites, providing strong tenant diversification and consistent rental demand. The two middle units each span three fully finished levels, while the end units include legal basement suites completed within the past two years.Each unit is thoughtfully designed with modern layouts and quality finishes, tenants pay for their own utilities, helping keep operating expenses low. The property generates a handsome cap rate of 5.9%Additional highlights include:• 4-bay gar
Location
Province AB
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