See all 11 photos
11 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Dustin Batuik • Sterling Real Estate
$975,000
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 45371864
Year Built 1955
Property Description
RARE OPPORTUNITY to own this 5-Plex in the Heart of Downtown! Although much of it is in Original Condition, this Property has been Excellently maintained! Featuring 2 x 2 Bedroom Units upstairs, 2 x 1 Bedroom Units in the basement & a 3 Bedroom Spacious Main floor Unit. This property could operate @ a 4.94% Cap Rate with an operating Annual rent of $79,200 - EASILY! Great Holding Property with Large Scale Zoning! This property is Very Turn Key and features Multiple Entrances for complete tenant/owner privacy PLUS a 33 x 22 Triple Car Garage along with about 5 Exterior parking stalls on the driveway. The owners fenced backyard is a Beautiful Peaceful serenity amongst the busy vibrant life of downtown! All Fire Code permits are up to date. This is the Opportunity to be a few steps from Jasper Avenue in a Centralized portion of Downtown. Excellent Purchase for Large Family / Investors to Buy & Hold or Develop in a Clean Central Spo
Location
Province AB
Read Less Info
Copyright 2026 by the REALTORS® Association of Edmonton. All rights reserved.
Nearby Locations
GET MORE INFORMATION