10 Bedroom
4 Bathroom
225.82 m2
Bungalow
Forced Air
$695,000
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% based on total rent minus utilities, property tax, repair budget and insurance, divided by current list price. (id:40197)
Property Details
|
MLS® Number
|
E4315497 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
King Edward Park |
|
Amenities Near By
|
Public Transit, Schools, Shopping |
|
Community Features
|
Public Swimming Pool |
|
Features
|
Lane |
|
Parking Space Total
|
6 |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Total
|
10 |
|
Appliances
|
Dishwasher, Garage Door Opener, Dryer, Refrigerator, Two Stoves, Two Washers |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Unknown |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1969 |
|
Construction Style Attachment
|
Attached |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
225.82 M2 |
|
Type
|
Fourplex |
Parking
|
Detached Garage
|
|
|
Parking Pad
|
|
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools, Shopping |
|
Size Irregular
|
798.8 |
|
Size Total
|
798.8 M2 |
|
Size Total Text
|
798.8 M2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
Bedroom 4 |
3.4 m |
3.89 m |
3.4 m x 3.89 m |
|
Lower Level |
Bedroom |
2.94 m |
2.83 m |
2.94 m x 2.83 m |
|
Main Level |
Primary Bedroom |
3.63 m |
4.08 m |
3.63 m x 4.08 m |
|
Main Level |
Bedroom 2 |
3.58 m |
2.54 m |
3.58 m x 2.54 m |
|
Main Level |
Bedroom 3 |
3 m |
3 m |
3 m x 3 m |
|
Main Level |
Bedroom 5 |
3.63 m |
4.08 m |
3.63 m x 4.08 m |
|
Main Level |
Bedroom 6 |
3.01 m |
2.99 m |
3.01 m x 2.99 m |
|
Main Level |
Additional Bedroom |
3.63 m |
3.56 m |
3.63 m x 3.56 m |
https://www.realtor.ca/real-estate/24929004/7304-78-av-nw-edmonton-king-edward-park
