6706 19 AV NW new

Edmonton,AB T6K 2G8

$ 738800

8 Beds

5 Baths

2359 SqFt


Key Details

Property Type Single Family Home

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,359 sqft

Price per Sqft $313

MLS Listing ID E4449931

Bedrooms 8

Full Baths 4

Half Baths 2

Year Built 1975

Lot Size 4,182 Sqft

Acres 0.09602174

Property Sub-Type Duplex

Property Description

PRIME INVESTMENT with 4 units in this suited side-by-side duplex. One of the units is needing to be updated, but the rest have had a facelift previously. All units are occupied and have long term tenants. Some updates include the new roof 2018, furnaces and hot water tanks 2012. The upper units are both 3 bedrooms with 1.5 bathrooms, and the lower units have 2 bedrooms....for a total of 10 bedrooms and each unit has its own laundry. Outside the units have storage sheds and there's enough parking for 8 vehicles. Total gross rents are currently $4890 with a CAP rate of 4.5%, the net is $3711/month and can easily be over $4200+/month as all rents can be increased to reflect the market and bring you to a 6%+ CAP. This is an ideal rental as you are only a 1/2 block to 66 St for transit, and a few blocks from Millwoods Town Center for everything else.

Location

Province AB

Zoning Zone 29

Rooms

Basement Full,Finished

Separate Den/Office true

Interior

Interior Features ensuite bathroom

Heating Forced Air-1,Natural Gas

Flooring Carpet,Laminate Flooring

Appliance Dishwasher-Built-In,Dryer,Hood Fan,Microwave Hood Fan,Refrigerator,Stacked Washer/Dryer,Stove-Electric,Washer,See Remarks,Dryer-Two,Refrigerators-Two,Stoves-Two,Washers-Two,Dishwasher-Two,Microwave Hood Fan-Two

Exterior

Exterior Feature Airport Nearby,Back Lane,Fenced,Golf Nearby,Low Maintenance Landscape,Park/Reserve,Playground Nearby,Public Swimming Pool,Public Transportation,Schools,Shopping Nearby

Community Features Deck,Detectors Smoke,No Smoking Home

Roof Type Asphalt Shingles

Garage false

Building

Story 2

Foundation Concrete Perimeter

Architectural Style Bi-Level

Others

Tax ID 0010815380

Ownership Private

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