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Back to search Home Countries Canada Edmonton 7304 78 ave, Edmonton, Alberta Edmonton AB CA
$699,707

7304 78 ave, Edmonton, Alberta Edmonton AB CA

Edmonton, Alberta, Canada
10 beds 4 baths MultiFamily

About this home

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% but the ARV can see that increase to over 6%! Find out more about this property. Request details here

Property facts

Property type
MultiFamily
Bedrooms
10
Bathrooms
4
Year built
1969
Neighborhood
King Edward Park
Days on market
1211 days

Features & amenities

Features & finishes
full bathrooms
entrances
furnaces
laundry

Location

Approximate location · exact address shared on inquiry

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Contact agent
JM
Jeneen Marchant
RE/MAX Real Estate
Contact this agent
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