7304 78 ave King Edward Park (Edmonton, Alberta, CA ) Built
$699,707
CAD
The GOOD Real Estate Company
Lisa Anderson
780-983-7569 (Cell)
1-877-373-0638 (Fax)
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- Type: Multifamily
- Style: Bi-Level
- Bedrooms: 10
- Bathrooms: 4
- Garage: Double, Detached
- Size: 2,430 sq. ft.
- Development Level: Built
- Lot Type: Corner
- Lot Size: 10.1ft x 39.7ft
- Suite: Yes
- Year Built: 1969
- Taxes: $6,811.28 CAD (2022)
- MLS ® #: E4342404
- Basement: Yes, Full
Description
Looking for cash flow??? This 4-plex is a turn key investment that is fully rented and generates $5115/month of income between four suites and the garage. You can rent it as is, or do some sprucing up to increase the rental income and property value. The property is zoned as a legal and titled 4-plex with two 3 bedroom upper suites and two 2 bedroom lower suites that all have their own full bathrooms, entrances, furnaces, and laundry. It is located on a corner RF3 zoned lot across from a park that is conveniently located close to 75 street, Argyll, the Whitemud, or Whyte avenue. There is ample parking at this property as well with the double garage, 4 stalls, and corner street parking. Rent, hold, improve and refinance, or infill...the choice is yours! CAP rate is 4.2% but the ARV can see that increase to over 6%!
Attachments
Brokered and Advertised by :
RE/MAX Real Estate
P2#563198608
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Information is deemed to be correct but not guaranteed.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.