Key Facts
- MLS® #: E4459404
- Property ID: SIRC2900341
- Property Type: Residential, Single Family Detached
- Living Space: 2,551.07 sq.ft.
- Year Built: 1970
- Bedrooms: 6+4
- Bathrooms: 4
- Parking Spaces: 4
- Listed By:
- Logic Realty
Property Description
4 LEGAL SUITES! 10 Bedrooms side by side DUPLEX and a DOUBLE GARAGE! Located on a 50x148 Sq ft CORNER Unit! COMPLETELY RENOVATED with 4 redone kitchens, S/S appliances, redone bathrooms, new flooring, paint and baseboards. Other improvements include a 2011 roof, Vinyl Windows, high efficiency furnaces, 100 AMP electrical panels for each side, plus 2 fenced yards. This is the perfect, turnkey, buy and hold, w/ a long term land play! Located on a 90 degree corner lot with a boulevard and city sidewalks, back alley access from the side of the property, a nearby fire hydrant, and electrical lines on your side of the alleyway. This Property is also great for cash flow with a gross total Monthly rental income is $7200+ and total monthly costs traditionally floating around 2200-2600 / month, taking into consideration a vacancy rate of 5%, this property has an NOI of approximately 54-55k / year. This property has a Cap rate of OVER 7% at the current list price. A MUST SEE!
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Location
8504 121 Avenue, Edmonton, Alberta, T5B 0Z2 Canada
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