For Sale: Beautiful Vintage Alberta Arts Apartments: $950,000

By February 19, 2018April 13th, 2021blog, For Sale

RARE ALBERTA ARTS investment opportunity! This unique and beautifully maintained Alberta Arts four-plex, located on the corner of NE Alberta and NE 10th Avenue, features four immaculate one bedroom and one bath units. The property also contains a 300 square foot “bonus cottage” which is currently offered to tenants to allow their relatives to utilize when visiting from out of town.  There is also a 200 square foot detached garage and a courtyard that has a community BBQ and seating area.

Click here for the property flyer and an extensive list of property upgrades:  919 NE Alberta Street Pro Forma

Here is a flyover video of the property and the immediate area:  Alberta Video

The interiors feature beautiful hardwood floors and period tile work in the bathrooms. There have been electrical and plumbing upgrades, and all water heaters are new in 2018. This is a perfect opportunity for the investor who wants a “turnkey” property with tons of charm.  The sellers have a “pride of ownership” and have maintained the property extremely well.

The kitchens have gas stovetops, quality cabinetry and great flooring.  The remodeled kitchen on the left has IKEA cabinets with lighting inside.

The living room and bedrooms all have original oak floors which have been refinished and are in great shape.
The bathrooms have either original tile work on the floor and shower surround, or they have been remodeled with the period tile work and design.
The “bonus cottage” is a beautiful space that the sellers have allowed tenants to utilize for their families to stay when they visit from out of town.  The space has a nice closet and bathroom.
The property has a garage, with room for a parking spot inside and out.  Also, the common area features a BBQ and seating.
Call Bernard Gehret for more information on this rare, charming Alberta Arts district four-plex!
Bernard Gehret

Bernard Gehret

Joseph Bernard Investment Real Estate