TURNKEY INVESTMENT with a 5.35% CAP rate! There is so much upside to purchasing this two story 4-plex with 12 total bedrooms and 8 bathrooms (3 bedrooms and 1.5 bathrooms per unit). You can buy one to live in, or keep it purely as an investment property. Each unit also has a full, partially finished basement with it's own laundry, and a balcony to all enjoy some outdoor space. The shingles were replaced in 2019. Located in desirable King Edward Park with easy access to Sherwood Park Fwy/ Whyte Ave & Argyll Rd, this property is easy to rent and TENANTS PAY THEIR OWN UTILITES! It also has the ability to increase rents and is located on a 66X130ft lot. No VTBs please.
Property Type:
Single Family
Dwelling Type:
4Plex
Home Style:
2 Storey
Total Floor Area:
4,762.85 sq. ft.442.48 m2
Price Per SqFt:
188.71
Finished Levels:
2.0
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Lot Area:
8,582.71 sq. ft.797.36 m2
Lot Shape:
Rectangular
Front Exposure:
North
Grade Level Entry:
No
Total Rooms Above Grade:
13
Bedrooms:
10
(Above Grd: 10)
Bathrooms:
8.0
(Full:4, Half:4)
Plan:
7884AH
Heating:
Forced Air-1
Heating Source:
Natural Gas
Construction:
Wood Frame
Basement:
Full
Basement:
Full, Partly Finished
Roof:
Asphalt Shingles
Floor Finish:
Laminate Flooring, Linoleum
Parking:
Double Outdoor, Stall
Parking Total/Covered:
4 /
-
Road Access:
Paved
Exterior Finish:
Stucco, Wood
Floor
Type
Size
Other
Upper Level(s)
Master Bedroom
12'5"3.78 m × 11'11"3.64 m
-
Upper Level(s)
Bedroom
14'3"4.34 m × 8'6"2.60 m
-
Upper Level(s)
Bedroom
12'6"3.81 m × 9'2¼"2.80 m
-
Upper Level(s)
Bedroom
13'9"4.20 m × 8'6"2.59 m
-
Main
Living Room
18'4"5.59 m × 12'3"3.73 m
-
Main
Dining Room
9'5"2.86 m × 8'10"2.70 m
-
Main
Kitchen
10'4"3.14 m × 8'8"2.64 m
-
Upper Level(s)
Bedroom
12'6"3.80 m × 11'11"3.63 m
-
Upper Level(s)
Bedroom
12'4"3.76 m × 9'6"2.90 m
-
Upper Level(s)
Bedroom
00 × 00
-
Upper Level(s)
Bedroom
00 × 00
-
Upper Level(s)
Bedroom
00 × 00
-
Upper Level(s)
Bedroom
00 × 00
-
Floor
Ensuite
Pieces
Other
-
-
4
-
-
4
-
-
4
-
-
4
-
-
2
-
-
2
-
-
2
-
-
2
Off Street Parking, Detectors Smoke
King Edward Park
King Edward Park
Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Data was last updated June 28, 2024 at 10:30 PM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$559,900
Min list price:
$339,000
Max list price:
$1,595,000
Avg days on market:
37
Min days on market:
1
Max days on market:
425
Avg price per sq.ft.:
$396.49
These statistics are generated based on the current listing's property type
and located in
Zone 17. Average values are
derived using median calculations.
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.