3 Bedroom
2 Bathroom
4,506 ft2
Forced Air
$799,800
Fantastic investment opportunity in Eastwood! This well-maintained 4-plex offers four self-contained two-storey units, each over 1,100 sqft. (4500 total building) plus a full undeveloped basement. Registered as a condominium (Units 1–4). Each unit features 3 bedrooms, a spacious living room, dining area with patio access, kitchen with ample cabinetry, a 2-piece main bath, and a 4-piece bath. Total of 12 bedrooms, 4 full baths, and 4 half baths. Fully landscaped with 6 parking stalls and conveniently located near public transit and downtown Edmonton. Current rental income is approx. $1,450/month per unit, excluding utilities. Excellent revenue potential—must see! Majority of the units have been renovated. Large plot of land at 7000 sqft making this a potential hold and develop property. Gross income is $69,600 per year with a 5.5%-6% cap rate. All leases in place till end of 2026. (id:63476)
Property Details
|
MLS® Number |
E4474660 |
|
Property Type |
Single Family |
|
Neigbourhood |
Eastwood |
|
Amenities Near By |
Playground, Public Transit, Schools, Shopping |
|
Parking Space Total |
6 |
Building
|
Bathroom Total |
2 |
|
Bedrooms Total |
3 |
|
Appliances |
Dryer, Refrigerator, Stove, Washer |
|
Basement Development |
Unfinished |
|
Basement Type |
Full (unfinished) |
|
Constructed Date |
1976 |
|
Construction Style Attachment |
Attached |
|
Half Bath Total |
1 |
|
Heating Type |
Forced Air |
|
Stories Total |
2 |
|
Size Interior |
4,506 Ft2 |
|
Type |
Fourplex |
Parking
Land
|
Acreage |
No |
|
Land Amenities |
Playground, Public Transit, Schools, Shopping |
|
Size Irregular |
232.04 |
|
Size Total |
232.04 M2 |
|
Size Total Text |
232.04 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Main Level |
Living Room |
3.77 m |
5.56 m |
3.77 m x 5.56 m |
|
Main Level |
Dining Room |
2.54 m |
2.28 m |
2.54 m x 2.28 m |
|
Main Level |
Kitchen |
2.54 m |
3.27 m |
2.54 m x 3.27 m |
|
Upper Level |
Primary Bedroom |
3.85 m |
3.49 m |
3.85 m x 3.49 m |
|
Upper Level |
Bedroom 2 |
2.53 m |
4.25 m |
2.53 m x 4.25 m |
|
Upper Level |
Bedroom 3 |
3.83 m |
2.68 m |
3.83 m x 2.68 m |