Ritchie, Edmonton

9850 81 Avenue NW

$499,999
5 Bedrooms
5 Beds
3 Bathrooms
3 Baths

Listed by Calvin Hexter of Exp Realty

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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!

Courtesy of of Exp Realty.

What this place offers

  • House built in 1964
  • 5 bedrooms
  • 3 bathrooms
  • 1,280 square feet
  • Bungalow
  • Finished basement
  • E4469161 MLS® ID

Where you'll be

House in Ritchie, Edmonton

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stars 5.0 What people are saying

Janice Mills

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The Esposito Team have been our Realtors on multiple transactions, both buying and selling. We have loved our experiences with them and are amazed at their friendliness, real esta . . . more

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Mirella and the Esposito team are amazing! They were recommended to us by a handful of people, and after our first meeting with Mirella we could see why. As soon as our home hit t . . . more

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We can't thank Joe enough for all of his assistance in selling our home!! From the initial phone call and meeting to discuss our home evaluation, we were impressed with his profes . . . more

Misty Harris

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I can’t say enough good things about Sheldon. He expertly guided me away from costly pitfalls; was highly responsive to my (many) messages; was accommodating in timelines fo . . . more

Hilary Forbes

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We were struggling to sell with another realtor. We had been on market for 80 days and were starting to think we would never sell. We switched Realtors to The Esposito T . . . more

Angela Paniccia

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Mirella, Joe and Aldo demonstrate a meticulous work ethic and are committed to protecting my interests above all else. They are professional, extremely helpful and always maintain . . . more

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