Looking for cash flow??? This 4-plex is a turn key investment that is fully rented and generates $5755/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! Current CAP rate is 4.99% but the ARV and stabilized CAP rate can see that increase to over 6.11%! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
10
Bathrooms
4
Total Area
225.82 m2
Amenities Nearby
Playground, Public Transit, Schools, Shopping
Community Features
Public Swimming Pool
Features
Corner Site
Listing Contract Date
2024-05-06
Municipal ID
9508409
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Appliances
Dishwasher, Garage door opener, Dryer, Refrigerator, Two stoves, Two Washers
Architectural Style
Bi-level
Basement Development
Finished
Basement Features
Suite
Basement Type
Full (Finished)
Constructed Date
1969
Construction Style (Attachment)
Attached
Fire Protection
Smoke Detectors
Heating Type
Forced air
Type
Fourplex
Rooms
Room
Level
Dimensions
Notes
Family room
Lower level
Measurements not available
Bedroom 4
Lower level
3.4 m x 3.89 m
Bedroom
Lower level
2.94 m x 2.83 m
Living room
Main level
Measurements not available
Dining room
Main level
Measurements not available
Kitchen
Main level
Measurements not available
Primary Bedroom
Main level
3.63 m x 4.08 m
Bedroom 2
Main level
3.58 m x 2.54 m
Bedroom 3
Main level
3 m x 3 m
Bedroom 5
Main level
3.63 m x 4.08 m
Bedroom 6
Main level
3.01 m x 2.99 m
Additional bedroom
Main level
3.63 m x 3.56 m
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
798.8 square meters
Amenities
Playground, Public Transit, Schools, Shopping
Size of Irregular Land
798.8
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