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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 MLI Select, or looking for a strategic value-add, this is a prime investment in one of Edmonton’s most walkable and transit-connected neighbourhoods. (id:58723)
MLS® Number | E4457140 |
Property Type | Multi-family |
Neigbourhood | Strathcona |
ParkingSpaceTotal | 3 |
ConstructedDate | 1958 |
SizeInterior | 1910 Sqft |
Acreage | No |
SizeIrregular | 4373 |
SizeTotal | 4373 Sqft |
SizeTotalText | 4373 Sqft |
https://www.realtor.ca/real-estate/28846562/8504-98-st-nw-edmonton-strathcona