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About the Listing E113400 - E024310
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!
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances: Window Coverings, See Remarks, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two, Microwave Hood Fan-Two
- Air Cond:
- Heating: Forced Air-2,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Finished
- Other:
- Water:
Exterior Details
- Lot Description: Back Lane,Corner Lot,Fenced,Low Maintenance Landscape,Private Setting,Public Transportation,Schools,Shopping Nearby,Treed Lot
- Garage Capacity: 2 car
- Parking Spaces: 4
- Roof: Asphalt Shingles
- Others: Back Lane,Corner Lot,Fenced,Low Maintenance Landscape,Private Setting,Public Transportation,Schools,Shopping Nearby,Treed Lot,Off Street Parking,On Street Parking,Carbon Monoxide Detectors,Dog Run-Fenced In,Hot Water Natural Gas,No Smoking Home,Vinyl Windows
- Sewer:
- Parking Features: Double Garage Detached
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..
8504 121 Ave NW Edmonton, AB T5B 0Z2
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