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    Courtesy of Justin Vega of Re/Max River City.

    1,2,3,4 10268 87 Street

    Edmonton, AB T5H 1N6
    • $799,900
    • STATUS: Active
    • ID#: E4221155
    UPDATED: 17 min ago
    $799,900
    • 10
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,702
      SQFT
    • $216
      $/SQFT
    Neighbourhood:
    Type:
    Condo
    Built:
    1971
    Area:

    Description

    This is the Investment Property you have been looking for. Very Unique Opportunity to own a 4Plex with amazing River Views. Located Minutes to downtown and in Riverdale on a HUGE lot 50 x 215 Ft Lot. ZONED RF5 Current rents do not reflect the Current rental rates in this Neighbourhood. 4 Separate titles, Units are already part of a Condo plan - Current owner has not put the Condo plan in place for a Reserve and or monthly contributions. Huge Units Unit# 1, 1005 Sq ft, Unit #2 1018 Sq ft, Unit# 3 829 Sq ft, Unit# 4 848.85 Sq ft. Rents are $4450 per month in total. Owner pays Heat and Water. Property features a Boiler system. Excellent opportunity for Future development. Property is being sold for Income and land VALUE not based on a Cap Rate. Coin Laundry and a separate detached Double Garage.

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    © 2021 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data last updated: 2021-01-15T20:36:13.357 UTC.
    Mortgage Calculator is provided by BoomTown.
    www.jennmcphillamey.com/homes/111958533
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    1,2,3,4 10268 87 Street Edmonton, AB T5H 1N6

    • Price: $799,900
    • Status: Active
    • Updated: 17 min ago
    • ID#: E4221155
    10
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,702
    SQFT
    $216
    $/SQFT
    1971
    Built
    Neighbourhood:
    Riverdale
    Area:
    Edmonton
    Property Description
    This is the Investment Property you have been looking for. Very Unique Opportunity to own a 4Plex with amazing River Views. Located Minutes to downtown and in Riverdale on a HUGE lot 50 x 215 Ft Lot. ZONED RF5 Current rents do not reflect the Current rental rates in this Neighbourhood. 4 Separate titles, Units are already part of a Condo plan - Current owner has not put the Condo plan in place for a Reserve and or monthly contributions. Huge Units Unit# 1, 1005 Sq ft, Unit #2 1018 Sq ft, Unit# 3 829 Sq ft, Unit# 4 848.85 Sq ft. Rents are $4450 per month in total. Owner pays Heat and Water. Property features a Boiler system. Excellent opportunity for Future development. Property is being sold for Income and land VALUE not based on a Cap Rate. Coin Laundry and a separate detached Double Garage.
    Exterior Features

    Construction Type Wood Frame Exterior StuccoVinyl Front Exposure East Garage Yn Yes Parking Double Garage Detached Roof Type Asphalt Shingles Site Influences Back LaneGolf NearbyLow Maintenance LandscapePublic TransportationRiver Valley ViewRiver ViewShopping NearbySee Remarks Style Single Level Apartment

    Interior Features

    Basement Full Basement Development See Remarks Bedrooms Above Grade 6 Ensuite No Flooring CarpetLaminate FlooringNon-Ceramic Tile Heating Source Natural Gas Rooms Above Grade 6 Total Floors Of Bldg 2

    Property Features

    Amenities And Features No Animal HomeNo Smoking HomeParking-Plug-Ins Building Type 4PLEX Condo Fee 0 Condo Fee Includes See Remarks Condo Name No Name Foundation Concrete Goods Included See Remarks Grade Level Entry Yes Heating Type BaseboardHot Water Road Access Concrete Title To Land Fee Simple Zone Zone 13

    © 2021 REALTORS® Association of Edmonton. All Rights Reserved.
    Mortgage Calculator is provided by BoomTown.


    © 2021 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data last updated: 2021-01-15T20:36:13.357 UTC.
    Mortgage Calculator is provided by BoomTown.
     
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    RE/MAX River City
    100, 10328 81 Avenue
    Edmonton AB, T6E 1X2