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Park Realty Inc.

[email protected] +1(587) 493-4321

$ 750,000

Est. payment -/mo

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10831 80 AV NW Edmonton, AB T6E 1V9

5 Beds

4 Baths

2,306 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,306 sqft

Price per Sqft $325

MLS® Listing ID E4450294

Bedrooms 5

Full Baths 4

Year Built 1945

Lot Size 4,353 Sqft

Acres 0.099940695

Property Sub-Type Quadruplex

Property Description

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!

Location

Province AB

Zoning Zone 15

Rooms

Basement Full, Finished

Separate Den/Office true

Interior

Heating Forced Air-1, Natural Gas

Flooring Carpet, Linoleum

Appliance Dryer, Refrigerator, Stove-Electric, Washer, See Remarks, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two

Exterior

Exterior Feature Back Lane, Flat Site, Park/Reserve, Playground Nearby, Public Transportation, Schools, Shopping Nearby

Community Features Off Street Parking, Detectors Smoke, No Smoking Home

Roof Type Asphalt Shingles

Garage false

Building

Story 3

Foundation Concrete Perimeter

Architectural Style 2 Storey

Others

Tax ID 0012995222

Ownership Private

Listed by Jeneen L Marchant • RE/MAX Real Estate

Tristan Boire

Realtor®

+1(403) 999-0771