Courtesy of Exp Realty.
CALLING ALL INVESTORS! Welcome to this LEGAL 3-UNIT RAISED BUNGALOW located in the DESIRABLE RITCHIE COMMUNITY. Ritchie, consistently voted one of the best neighbourhoods, offering LOW VACANCY, STRONG TENANT PROFILE and STRONG APPRECIATION! This property offers a RARE CASHFLOW OPPORTUNITY with three self-contained suites, each featuring its own KITCHEN, LIVING AREA, AND BEDROOM. The main-level unit welcomes you with an OPEN-CONCEPT LAYOUT and is filled with NATURAL LIGHT from the LARGE PICTURE WINDOW. The kitchen offers AMPLE CABINETRY and BRIGHT WHITE APPLIANCES, while three bedrooms, including the PRIMARY, and a 4PC BATH complete the space. The FULLY FINISHED BASEMENT hosts TWO ADDITIONAL SUITES, one with a 3PC BATH and the other with a 4PC BATH. NEWER COIN-OPERATED LAUNDRY is conveniently shared between units. This property has MANY RECENT UPDATES, offering strong upside and long-term value. UNIQUE INVESTMENT OPPORTUNITIES LIKE THIS ARE RARE ? an excellent addition to any rental portfolio!
Listing Information
- Prop. Type:
- Detached Single Family
- Property Style:
- Bungalow
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4469161
- Bedrooms:
- 5
- Neighbourhood:
- Ritchie
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $499,999
General Information
- Year Built:
- 1964
- Total Square Feet:
- 1280ft2
Additional Information
- Basement Dev:
- Full, Finished
- Parking:
- Single Garage Detached