Property Description
Fully tenanted and cash flowing, this 10-bedroom multi-suite property in the heart of Strathcona offers strong rental income and long-term upside. Currently configured with two spacious 2-bed/1-bath units upstairs and six individually addressed, furnished rooms below, it appeals to both U of A students and working professionals. Recent upgrades include four high-efficiency furnaces, updated plumbing, electrical, fire protection systems, durable vinyl plank flooring throughout, and a roof replacement in 2018. The property has a proven track record of near-full occupancy, with the upstairs units alone historically covering the mortgage. Whether you’re holding for income, considering future infill or looking for a strategic value-add, this is a prime investment in one of Edmonton’s most walkable and transit-connected neighbourhoods.Unit Counts:Studio Apts: 0Bachelor Apts: 01 Bedroom Apts: 62 Bedroom Apts: 23 Bedroom Apts: 04+ Bedroom Apts: 0Other Units: 0Other Property Types: Multi-FamilyOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Adrian NedelecAppointment Phone: 780-966-4471Paragon Listing ID: E4457140 (id:26452)
Other located at 8504 98 Edmonton, Alberta T6E3M3. The property was built in 1958. 8504 98 Edmonton, Alberta T6E3M3 is in the Edmonton neighborhood. Strathcona Industrial Park, Ellerslie, and Webber Greens are nearby neighbourhoods.
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Agent Contact: Adrian Nedelec Phone: +17809664471
Listing Courtesy of: RE/MAX Real Estate
Source: crea , MLS#: 44046325
Agent Contact: James J. Knull Phone: +17804242001
Listing Courtesy of: Exp Realty
Source: crea , MLS#: 44046325