C$1,040,000

The Alps is a Tudor style character building located in West Jasper Place in Edmonton. The well maintained building offers a strong sense of community withthe current tenants, avg. rents of only $919 offer upside to a new buyer. This 9-unit building consists of all one-bedroom units, approx. 650 sq ft. The amenity rich area iseasily walkable and on west LRT line. Current landlord policies are no pets, no smoking and adult only, creating a peaceful and allergy friendly living environment.Capital Improvements:• Windows (2010)• How Water Tank (2016)• Roof, eves, fence (2020)• New boiler pump (2024)Parking: gravel parking lot, 9 poweredtenant stalls plus visitor parking in lotand on street.Laundry: 2 sets, washer/dryers (leasedwith coinamatic. Contract can becancelled)This area has a specific rezoning by the City of Edmonton allowing for redevelopment up to 6 stories. Great cash flowing property. (id:41202)