7304 78 AV NW, Edmonton, Alberta, T6B0C1 Edmonton AB CA

CAD 699707 For Sale
MLS: E4342404

Property Details

Bedrooms

10

Bathrooms

4

Neighborhood

King Edward Park

Basement

Finished, Full, Unknown

Property Type

Single Family

Description

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%! (id:1937) Find out more about this property. Request details here

Location

Address

78 Avenue NW, Edmonton, Alberta T6B 2W4, Canada

City

Edmonton

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Real Estate Broker
Jeneen L. Marchant
Brokerage
RE/MAX Real Estate
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