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8504 98 St Nw Edmonton, Alberta T6E 3M3

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1910 sqft

$789,900

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)

Property Details

MLS® Number E4457140
Property Type Multi-family
Neigbourhood Strathcona
ParkingSpaceTotal 3

Building

ConstructedDate 1958
SizeInterior 1910 Sqft

Land

Acreage No
SizeIrregular 4373
SizeTotal 4373 Sqft
SizeTotalText 4373 Sqft

https://www.realtor.ca/real-estate/28846562/8504-98-st-nw-edmonton-strathcona