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Courtesy of Logic Realty.
Data was last updated 2025-06-25 at 20:18:11 GMT
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!
Listing Information
- Prop. Type:
- Duplex
- Property Style:
- Bungalow
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4459404
- Bedrooms:
- 10
- Neighbourhood:
- Eastwood
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $769,000
General Information
- Year Built:
- 1970
- Total Square Feet:
- 2551ft2
Additional Information
- Basement Dev:
- Full, Finished
- Parking:
- Double Garage Detached
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This property is listed by Logic Realty and provided here courtesy of
Kyle Rossiter.
For more information or to schedule a viewing please contact Kyle Rossiter.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.