10831 80 AV NW Active Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T6E1V9
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,306 sqft
Price per Sqft $325
Subdivision Queen Alexandra
MLS Listing ID E4450294
Bedrooms 5
Year Built 1945
Lot Size 4,353 Sqft
Acres 0.09994424
Property Sub-Type Freehold
Source REALTORS® Association of Edmonton
Property Description
RARE UNIVERSITY AREA LEGAL 4PLEX with current rents totaling $4699 (net $3417 which includes utilities except power) and a CAP of 4.5% with ability to easily exceed 6% as they are below market rents (ready for lease renewals and increases!). There are one 2 bedroom unit, and three 1 bedroom units. The main floor is a 2 bedroom unit, the 2nd story above it and the basement underneath are 1 bedroom units with the utility room, and then the back has a 2-story 1 bedroom unit. All units have their own laundry and separate entry. Located a few houses off of 109 Street, transit could not be any easier and the tenants are a 5-10 minute walk from the U of A, groceries, and of course all of the restaurants and shops of Whyte Avenue. Don't miss out on this prime investment opportunity! (id:24570)
Location
Province AB
Rooms
Kitchen 1.0
Extra Room 1 Lower level Measurements not available Bedroom 5
Extra Room 2 Lower level Measurements not available Second Kitchen
Extra Room 3 Main level Measurements not available Living room
Extra Room 4 Main level Measurements not available Kitchen
Extra Room 5 Main level Measurements not available Primary Bedroom
Extra Room 6 Main level Measurements not available Bedroom 2
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Others
Ownership Freehold