11841 97 St Nw, Edmonton, Alberta T5G 1Y4

Listed for:
$1,188,000
3 beds
2 baths
Listed 130 days ago
Fourplex for rent: 11841 97 St Nw, Edmonton, Alberta T5G 1Y4

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Learn more about this property
Listing provided by:
RE/MAX River City
MLS® number:
E4370333
Agent:
Conrad A. Bitangcol
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About

Excellent investment opportunity located close to Downtown Edmonton & walking distance to NAIT, Royal Alexandra Hospital, Kingsway Mall and the LRT. This solid property, originally built in 2012, boasts 4 SEPARATELY TITLED condo 2-storey units. Each unit offers over 1700 sq.ft. of total developed living space with 3 bedrooms, and 2 full baths each unit offers ample & comfortable living space for your tenants. The kitchen features maple cabinetry, stainless appliances, a family-size eating area & a large living room. A full 4-piece bath is located on the main floor, with 3 beds and a 2nd full bath on the upper level. Each spacious main bedroom comes complete with a large balcony. Each unit also features a large rec room in the finished basement. Located close to NAIT, this is the perfect location for students looking for a comfortable and convenient living space. Current total rents are $6095/month offering a steady and reliable stream of rental income. Great property with high rental potential! (id:27476)

Property Highlights

Type
Fourplex
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
4
Ownership Type
Condominium/Strata
Amenities nearby
Playground, Public Transit, Schools, Shopping

Location

Summary

Located in close proximity to Downtown Edmonton and within walking distance to NAIT, Royal Alexandra Hospital, Kingsway Mall, and the LRT, this property presents an excellent investment opportunity. Built in 2012, the solid property consists of 4 separately titled condo 2-storey units, each offering over 1700 sq.ft. of total developed living space with 3 bedrooms and 2 full baths. The kitchen is equipped with maple cabinetry, stainless appliances, and a family-size eating area, while a large living room provides ample space for tenants. Additionally, each unit features a full 4-piece bath on the main floor and 3 beds with a 2nd full bath on the upper level. The main bedroom in each unit also includes a large balcony, and a large rec room is located in the finished basement. With current total rents at $6095/month, this property offers a steady and reliable stream of rental income, making it a great investment with high rental potential.

This property, located at 11841 97 ST NW in Edmonton, Alberta, is a fourplex with a finished basement and attached building construction style. It features a total of 3 bedrooms, 2 bathrooms, and 2 stories, and is heated with forced air. The ownership type is Condominium/Strata, and there are a total of 4 parking spaces available. The property is situated in an area with convenient access to playgrounds, public transit, schools, and shopping, making it an attractive location for potential tenants. Currently for sale, this property presents a unique opportunity for investors looking to capitalize on its high rental potential and desirable location.