RE/MAX Real Estate

Jasper Avenue, Edmonton, AB

$2,400,000

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About Jasper Avenue

Rare opportunity to acquire a 13-suite multi-family investment property on Jasper Avenue, ideally located near Downtown Edmonton andthe North Saskatchewan River Valley. The property offers an efficient suite mix of 11 one-bedroom and 2 two-bedroom suites, with selectupper-level units featuring impressive River Valley and Louise McKinney Riverfront Park views. Current rents provide strong in-placeincome with additional value-add potential through suite improvements, modernization and rental optimization. The solid walk-upconfiguration eliminates elevator-related operating and capital costs. Excellent access to Downtown employment, transit, amenities andEdmonton’s River Valley trail system. A compelling opportunity combining stable rental income, future upside and long-term land value ina strategic central location.

Features of Jasper Avenue

MLS® # 45464974
Price $2,400,000
Bathrooms 0.00
Year Built 1952
Type Multi-Family Commercial
Status Active

Community Information

Address Jasper Avenue
Area Edmonton
City Edmonton
County ALBERTA
Province AB
Postal Code T5H 3S9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Suite No
Has Basement No

Additional Information

Foreclosure No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Real Estate

Listing Map