|
Descriptions:
PRIME INVESTMENT with 4 units in this legally suited side-by-side duplex. One of the units is needing to be updated, but the rest have had a facelift previously. All units are occupied and have long term tenants. Some updates include the new roof 2018, furnaces and hot water tanks 2012. The upper units are both 3 bedrooms with 1.5 bathrooms, and the lower units have 2 bedrooms....for a total of 10 bedrooms and each unit has its own laundry. Outside the units have storage sheds and there's enough parking for 8 vehicles. Total gross rents are currently $4890 with a CAP rate of 4.5%, the net is $3711/month and can easily be over $4200+/month as all rents can be increased to reflect the market and bring you to a 6%+ CAP. This is an ideal rental as you are only a 1/2 block to 66 St for transit, and a few blocks from Millwoods Town Center for everything else.
|
|
|
Includes: |
|
Dishwasher-Built-In, Dryer, Hood Fan, Microwave Hood Fan, Refrigerator, Stacked Washer/Dryer, Stove-Electric, Washer, See Remarks, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two, Microwave Hood Fan-Two |
|
|
|
|
|
Site Influences: |
Airport Nearby, Back Lane, Fenced, Golf Nearby, Low Maintenance Landscape, Park/Reserve, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby |
|
Legal Description: |
ACCESS Legal Description |
|
Location & Listing Info: |
|
Lot Shape: |
Rectangular |
|
|
|
|
Property Info: |
|
Property Type: |
Duplex Side By Side |
Home Style: |
Bi-Level |
Year Built: |
1975 |
Total Floor Area: |
2,360 sq. ft. |
Front Exposure: |
South
|
|
|
|
|
|
Exterior: |
|
Exterior: |
Airport Nearby, Back Lane, Fenced, Golf Nearby, Low Maintenance Landscape, Park/Reserve, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby |
Front Exposure: |
South |
Roof: |
Asphalt Shingles |
|
|
|
|
|
|
|
|
|
Rooms: |
|
Total Bedrooms: |
8
(Bedrooms Above: 6)
|
Bathrooms: |
Full: 4
/ Half: 2
|
Rooms Above: |
10 |
|
|
|
|
|
Additional Info: |
|
Heating: |
Y |
Basement: |
Full, Finished |
Basement Type: |
Full, Finished |
Floor Finish: |
Carpet, Laminate Flooring |
Parking: |
2 Outdoor Stalls, Stall, See Remarks |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
Contact MAX BORRELLI -
11058-51 AV, Edmonton, Alberta, T6H 0L4
|
|
|
|
|
|
|
|
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated September 19, 2025, 5:46 pm. |
|
|
|
|
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons 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. Used under license.
|