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About the Listing E0246090 - E012882
Fantastic investment opportunity in Eastwood! This well-maintained 4-plex offers four self-contained two-storey units, each over 1,100 sqft. (4500 total building) plus a full undeveloped basement. Registered as a condominium (Units 1–4). Each unit features 3 bedrooms, a spacious living room, dining area with patio access, kitchen with ample cabinetry, a 2-piece main bath, and a 4-piece bath. Total of 12 bedrooms, 4 full baths, and 4 half baths. Fully landscaped with 6 parking stalls and conveniently located near public transit and downtown Edmonton. Current rental income is approx. $1,450/month per unit, excluding utilities. Excellent revenue potential—must see! Majority of the units have been renovated. Large plot of land at 7000 sqft making this a potential hold and develop property. Gross income is $69,600 per year with a 5.5%-6% cap rate. All leases in place till end of 2026.
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances: Dryer, Refrigerator, Stove-Electric, Washer
- Air Cond:
- Heating: Forced Air-1,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other:
- Water:
Exterior Details
- Lot Description: Landscaped,Playground Nearby,Public Transportation,Schools,Shopping Nearby
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof: Asphalt Shingles
- Others: Landscaped,Playground Nearby,Public Transportation,Schools,Shopping Nearby,Parking-Extra,Parking-Plug-Ins
- Sewer:
- Parking Features: Stall
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
8216 8216-8222 120 Ave NW Edmonton, AB T5B 0X9
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