Courtesy Of Curtis Roy Of RE/MAX Elite
About 18 Saskatchewan Av
EXCELLENT INVESTMENT LOCATION & OPPORTUNITY steps to the NORTH SASKATCHEWAN RIVER. Featuring a 5 PLEX APARTMENT COMPLEX situated on 240’x140’ 4 MERGED LOTS with room for development. The lots are zoned RF3-MEDIUM DENSITY RESIDENTIAL. The property features 4 2-BEDROOM UNITS & 1 1-BEDROOM UNIT. There is a 24’ x 64’ OVERSIZED GARAGE with 4 storage garage & 1 walk-in storage & PAVED PARKING for 12 vehicles. EACH UNIT features a KITCHEN, LAUNDRY, BATHROOM, REAR DECK & SEPARATE UTILITIES with individual furnaces, HWT & electrical meters. LONG TERM SENIOR-FOCUSED TENANTS with some tenure of over 20+ years and a WAITLIST for a unit. The building is WELL MAINTAINED and in GREAT CONDITION, the SEWER MAIN LINE was REDONE and UPGRADED in January 2024. Very good opportunity for adding more units to maximize profit or keep how it is currently being operated. Great location on Saskatchewan Avenue close to the River Valley, minutes to Edmonton, EIA & all the amenities. DON’T MISS THIS OPPORTUNITY TO OWN THIS INVESTMENT!
Features of 18 Saskatchewan Av
| MLS® # | E4388641 |
|---|---|
| Price | $1,099,000 |
| Square Footage | 3,883 |
| Acres | 0.77 |
| Year Built | 1957 |
| Type | Multi-Family Commercial |
| Zone | Zone 92 |
Community Information
| Address | 18 Saskatchewan Av |
|---|---|
| Area | Leduc County |
| Subdivision | Devon |
| City | Devon |
| Province | AB |
| Postal Code | T9G 1Y4 |
Amenities
| Amenities | Dishwashers, Crawl Space, Deck, Detectors Smoke, Laundry-In-Suite |
|---|---|
| Features | Creek/River/Stream |
| Parking Spaces | 12 |
| Is Waterfront | Yes |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Construction | Wood Frame |
|---|
Additional Information
| Date Listed | May 22nd, 2024 |
|---|---|
| RE / Bank Owned | No |
| Handyman Special | No |
| Site Influences | Creek/River/Stream |
Listing Details
| Office | Courtesy Of Curtis Roy Of RE/MAX Elite |
|---|