Courtesy of Justin Vega of RE/MAX River City

1,2,3,4 10268 87 Street, Edmonton

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For Sale / $799,900
Home Valuation
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.

Property Details

Neighbourhood Riverdale
MLS® E4221155
Building Type 4PLEX
Year Built 1971
Bedrooms 10
Bathrooms 4
Sq. ft. 3702.6
Parking Double Garage Detached
Basement See Remarks

Robby Halabi

Robby Halabi Luxury Edmonton Homes For Sale Edmonton
Founder, Luxury Home Specialist
c 780.919.8180
e [email protected]ate.ca

A veteran with over 15 years of experience, Robby Halabi wanted to create a truly local real estate brokerage committed to a premier real estate experience. Offering professional presentation and marketing for your home, paired with experienced negotiation skills. Robby is a member of The Institute for Luxury Home Marketing™, and has received Guild Recognition.

 

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