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!
For sale
C$769,000
8504 121st Ave NW, Edmonton, AB T5B 0Z2
10beds
2,551sqft
Duplex, Duplex Side By Side
Built in 1970
-- sqft lot
$-- Zestimate®
C$301/sqft
C$-- HOA
What's special
Corner unitRedone kitchensRedone bathroomsNew flooringVinyl windowsHigh efficiency furnacesBoulevard and city sidewalks
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