$599,900
FOR SALE

Multiplex

11938 80 St Nw
Edmonton, AB T5B 2N7 | Eastwood

LIVE IN ONE UNIT AND RENT THE OTHER 4 TO LIVE FOR FREE, OR BUY AS A TURN KEY INVESTMENT! What a unique opportunity with a current CAP rate of 4.85% with a rental increase starting January 2025, and and a future stabilizd CAP rate of 6.58%+! This property has 5 suites, one of which is a full renovated house with a finished basement that was originally built in the 1920s, and then in 1991 a 4 unit building was added onto it! The current owners have done major renovations including: flooring, bathrooms & kitchen upgrades in 4/5 units, replacing all cast iron sewage pipes in 2024, and the roof, boiler and windows were replaced in 2014. All long term 3+ year tenants that would like to stay. All units have 3 bedrooms, a full bathroom, and their own laundry. (id:47421)
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Listed By RE/MAX Real Estate
Data Provided By REALTORS® Association of Edmonton
MLS® Listing Number E4384668
Last Updated Oct 07, 2024
Property Summary
Property Type Multiplex

More like this:
Neighbourhood Eastwood
Price History

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Detailed Information
Listing Contract Date 2024-04-30
Municipal ID 4832002
# of Parking Spaces 5
Property Type Multi-family
Transaction Type For sale
Building
Constructed Date 1991
Land
Total Size 7477 square feet
Size of Irregular Land 7477

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