An excellent opportunity for investors seeking a stable, low-maintenance multi-family asset in a central, in-demand location. This well-cared-for six-unit apartment building is situated in the established Edmonton community of Montrose, known for its accessibility and steady rental demand. The property offers a desirable mix of four spacious two-bedroom, one-bath units and two one-bedroom, one-bath units, appealing to a wide range of tenants. With nearly full occupancy year-round and long-term renters in place, this building provides consistent, reliable cash flow. It has been meticulously maintained by the current owner, offering ease of management for both new and experienced investors. Residents benefit from convenient access to public transit, Yellowhead Trail, Wayne Gretzky Drive, nearby retail, restaurants, and a school directly across the street enhancing its long-term rental appeal. Six outdoor parking stalls are included for added tenant convenience. The landlord has never allowed pets or smokers
Address
6008 118 AV NW
List Price
$729,000
Property Type
Commercial Sale
Area
Edmonton
Sub-Area
Montrose (Edmonton)
Year Built
1955
MLS® Number
E4429961
Listing Brokerage
Century 21 Bravo Realty
Postal Code
T5W 1E7
Zoning
Zone 06
Construction Materials
Stucco, Wood Frame