RARE UNIVERSITY AREA LEGAL 4PLEX with current rents totaling $4699 (net $3417 which includes utilities except power) and a CAP of 4.5% with ability to easily exceed 6% as they are below market rents (ready for lease renewals and increases!). There are one 2 bedroom unit, and three 1 bedroom units. The main floor is a 2 bedroom unit, the 2nd story above it and the basement underneath are 1 bedroom units with the utility room, and then the back has a 2-story 1 bedroom unit. All units have their own laundry and separate entry. Located a few houses off of 109 Street, transit could not be any easier and the tenants are a 5-10 minute walk from the U of A, groceries, and of course all of the restaurants and shops of Whyte Avenue. Don't miss out on this prime investment opportunity! (id:46923)
MLS® Number | E4450294 |
Property Type | Single Family |
Neigbourhood | Queen Alexandra |
Amenities Near By | Playground, Public Transit, Schools, Shopping |
Features | Flat Site, Park/reserve, Lane, No Smoking Home |
Bathroom Total | 4 |
Bedrooms Total | 5 |
Appliances | Dryer, Refrigerator, Stove, Washer, See Remarks, Two Stoves, Two Washers |
Basement Development | Finished |
Basement Features | Suite |
Basement Type | Full (finished) |
Constructed Date | 1945 |
Construction Style Attachment | Attached |
Fire Protection | Smoke Detectors |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 2,306 Ft2 |
Type | Fourplex |
Stall |
Acreage | No |
Land Amenities | Playground, Public Transit, Schools, Shopping |
Size Irregular | 404.46 |
Size Total | 404.46 M2 |
Size Total Text | 404.46 M2 |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Lower Level | Bedroom 5 | Measurements not available | ||
Lower Level | Second Kitchen | Measurements not available | ||
Main Level | Living Room | Measurements not available | ||
Main Level | Kitchen | Measurements not available | ||
Main Level | Primary Bedroom | Measurements not available | ||
Main Level | Bedroom 2 | Measurements not available | ||
Main Level | Second Kitchen | Measurements not available | ||
Upper Level | Bedroom 3 | Measurements not available | ||
Upper Level | Bedroom 4 | Measurements not available | ||
Upper Level | Second Kitchen | Measurements not available |
https://www.realtor.ca/real-estate/28669404/10831-80-av-nw-edmonton-queen-alexandra
Contact us for more information
Jeneen L. Marchant
Associate
(780) 488-4000
(780) 447-1695