24 Ste Apt Bldg - Concrete Construction - Walk to River Valley! DRASTICALLY REDUCED FOR QUICK SALE!

10950 - 83 Street - Odessa Apts- REDUCED! T5H1M1 :

Main Photo: 24 Ste Apt Bldg - Concrete Construction - Walk to River Valley! DRASTICALLY REDUCED FOR QUICK SALE!banner
$2,280,000
Prop. Type:
Multi-Family (Commercial)
MLS® Num:
E1007109
Status:
Sold
REDUCED ALMOST $300,000.00 FOR QUICK SALE!
Odessa Apartments is of Concrete construction which is Rare for Edmonton! It is a  2.5 storey with a Newer Roof, Boiler & Hot WaterTank. There has been some upgrading to suites as Tenants move. It is a Very Clean and Well Maintained project. The Rents are exceptionally low & could be substantially increased in Sept 2008. It consists of 18 Large one Bedroom suites & 6 Large two bedroom suites, all with an excellent, functional floor plan. The suites are Light and bright allowing in plenty of natural light. The above grade units have feature Balconies. There is an Intercom System & plenty of storage in suites plus additional storage rooms in the common areas. There are coin laundry machines which are leased & lease must be assumed. Odessa has an Excellent Central Location just a couple of blocks away from the River Valley & Ravines. It is Walking Distance to Downtown. Near all amenities - just a few blocks north on 82 Street there is new retail & condo development. There is So much upside for the Buyer by just increasing rents & doing some cosmetic upgrading! This is a Phenomenal Investment Opportunity. It won’t last long at this price! Email me at vtoffoli@shaw.ca for a proforma, booking an appointment (subject to Tenant's Rights)  and/or any other questions.
Price:
$2,280,000
Property Type:
Multi-Family (Commercial)
Year Built:
1967
MLS® Num:
e1007109
Status:
Sold
Listing information last updated on April 27, 2012 at 03:51 PM (UTC)
VAL TOFFOLI
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