TURNKEY INVESTMENT with a 5.35% CAP rate! There is so much upside to purchasing this two story 4-plex with 12 total bedrooms and 8 bathrooms (3 bedrooms and 1.5 bathrooms per unit). You can buy one to live in, or keep it purely as an investment property. Each unit also has a full, partially finished basement with it's own laundry, and a balcony to all enjoy some outdoor space. The shingles were replaced in 2019. Located in desirable King Edward Park with easy access to Sherwood Park Fwy/ Whyte Ave & Argyll Rd, this property is easy to rent and TENANTS PAY THEIR OWN UTILITES! It also has the ability to increase rents and is located on a 66X130ft lot. No VTBs please.
Property Type:
Single Family
Dwelling Type:
4Plex
Home Style:
2 Storey
Total Floor Area:
4,762.85 sq. ft.442.48 m2
Price Per SqFt:
188.71
Finished Levels:
2.0
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Lot Area:
8,582.71 sq. ft.797.36 m2
Lot Shape:
Rectangular
Front Exposure:
North
Grade Level Entry:
No
Total Rooms Above Grade:
13
Bedrooms:
10
(Above Grd: 10)
Bathrooms:
8.0
(Full:4, Half:4)
Plan:
7884AH
Heating:
Forced Air-1
Heating Source:
Natural Gas
Construction:
Wood Frame
Basement:
Full
Basement:
Full, Partly Finished
Roof:
Asphalt Shingles
Floor Finish:
Laminate Flooring, Linoleum
Parking:
Double Outdoor, Stall
Parking Total/Covered:
4 /
-
Road Access:
Paved
Exterior Finish:
Stucco, Wood
Floor
Type
Dimensions
Other
Upper Level(s)
Master Bedroom
12'5"3.78 m
x
11'11"3.64 m
-
Upper Level(s)
Bedroom
14'3"4.34 m
x
8'6"2.60 m
-
Upper Level(s)
Bedroom
12'6"3.81 m
x
9'2¼"2.80 m
-
Upper Level(s)
Bedroom
13'9"4.20 m
x
8'6"2.59 m
-
Main
Living Room
18'4"5.59 m
x
12'3"3.73 m
-
Main
Dining Room
9'5"2.86 m
x
8'10"2.70 m
-
Main
Kitchen
10'4"3.14 m
x
8'8"2.64 m
-
Upper Level(s)
Bedroom
12'6"3.80 m
x
11'11"3.63 m
-
Upper Level(s)
Bedroom
12'4"3.76 m
x
9'6"2.90 m
-
Upper Level(s)
Bedroom
00
x
00
-
Upper Level(s)
Bedroom
00
x
00
-
Upper Level(s)
Bedroom
00
x
00
-
Upper Level(s)
Bedroom
00
x
00
-
Floor
Ensuite
Pieces
Other
-
-
4
-
-
4
-
-
4
-
-
4
-
-
2
-
-
2
-
-
2
-
-
2
Off Street Parking, Detectors Smoke
King Edward Park
King Edward Park
Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
See Remarks
Restrictions:
None Known
Title to Land:
Freehold
LINC Number:
0015758931
Days On Website:
10 day(s)10 day(s)
Data was last updated July 1, 2024 at 06:30 AM (UTC)
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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