5608 118 Av Nw, Edmonton, Alberta T5W 1C9

Welcome to Newton Place. A very well maintained and managed building located in the NE neighborhood of Newton with proximity to all public transportation, retail stores, shops, and schools. Easy access to Yellowhead Trail and 118th ave providing quick vehicle access throughout the city. This building has great curb appeal and pride of ownership can be seen throughout the grounds. Very Large balconies. Easy to manage with 100% occupancy providing steady cash flows. Unit mix is six large 1 bed X 1 Bath apartments. 6 outdoor parking stalls. This property is ideal for first time investors, or increase unit count to your existing multi-family portfolio. Nearby neighborhoods include trendy restaurants and cafe spots. (id:27476)

Newton Place is a well-maintained building situated in the NE neighborhood of Newton, offering convenient access to public transportation, retail stores, shops, and schools. Its location near Yellowhead Trail and 118th Ave allows for easy vehicle access throughout the city. The building boasts great curb appeal and is meticulously managed, evident in the well-kept grounds and large balconies. With 100% occupancy, this property provides a steady cash flow and is easy to manage. The unit mix consists of six spacious 1-bedroom, 1-bathroom apartments, and there are six outdoor parking stalls available.

For first-time investors or those looking to expand their multi-family portfolio, this property presents an ideal opportunity. Nearby, you'll find trendy restaurants and cafes, adding to the appeal of the location. The property is currently for sale and offers a land size of 9405 sqft. It is located at 5608 118 Ave NW in the city of Edmonton, Alberta, with a postal code of T5W1C9.