Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Year Built
- 2020





Property Snapshot
MLS #45575750
Type, style and structure
Land, frontage and setting
Price, taxes and monthly charges
This multi-family in Edmonton offers a 5,792 sqft lot. Built in 2020. The property has lot dimensions of 5792.08608.
Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property! (id:60351)
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Listed by Jeneen Marchant, RE/MAX Real Estate
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Listed by Jeneen Marchant, RE/MAX Real Estate · MLS# 45575750
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