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!
Address
9850 81 AV NW
List Price
$499,999
Property Type
Residential
Type of Dwelling
Detached Single Family
Style of Home
Bungalow
Transaction Type
Sale
Area
Edmonton
Sub-Area
Ritchie
Bedrooms
5
Bathrooms
3
Floor Area
1,280 Sq. Ft.
Lot Size
4371.87 Sq. Ft.
Lot Shape
Rectangular
Year Built
1964
MLS® Number
E4469161
Listing Brokerage
Exp Realty
Postal Code
T6E 1W4
Zoning
Zone 17
Parking
Single Garage Detached
Community Features
See Remarks
Exterior Features
Flat Site, Landscaped, Paved Lane, Public Transportation, Schools, Shopping Nearby
Heat Type
Forced Air-2, Natural Gas
Construction Materials
Wood, Stucco
Direction Faces
South
Foundation Details
Concrete Perimeter
Garage Type
Yes
Roof
Asphalt Shingles
Access To Property
Paved