5 Bedroom
4 Bathroom
2,306 ft2
Forced Air
$750,000
RARE UNIVERSITY AREA LEGAL 4PLEX with current rents totaling $4699 (net $3417 which includes utilities except power) and a CAP of 4.5% with ability to easily exceed 6% as they are below market rents (ready for lease renewals and increases!). There are one 2 bedroom unit, and three 1 bedroom units. The main floor is a 2 bedroom unit, the 2nd story above it and the basement underneath are 1 bedroom units with the utility room, and then the back has a 2-story 1 bedroom unit. All units have their own laundry and separate entry. Located a few houses off of 109 Street, transit could not be any easier and the tenants are a 5-10 minute walk from the U of A, groceries, and of course all of the restaurants and shops of Whyte Avenue. Don't miss out on this prime investment opportunity! (id:60626)
Property Details
|
MLS® Number
|
E4450294 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
Queen Alexandra |
|
Amenities Near By
|
Playground, Public Transit, Schools, Shopping |
|
Features
|
Flat Site, Park/reserve, Lane, No Smoking Home |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Total
|
5 |
|
Appliances
|
Dryer, Refrigerator, Stove, Washer, See Remarks, Two Stoves, Two Washers |
|
Basement Development
|
Finished |
|
Basement Features
|
Suite |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1945 |
|
Construction Style Attachment
|
Attached |
|
Fire Protection
|
Smoke Detectors |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,306 Ft2 |
|
Type
|
Fourplex |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Playground, Public Transit, Schools, Shopping |
|
Size Irregular
|
404.46 |
|
Size Total
|
404.46 M2 |
|
Size Total Text
|
404.46 M2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
Bedroom 5 |
|
|
Measurements not available |
|
Lower Level |
Second Kitchen |
|
|
Measurements not available |
|
Main Level |
Living Room |
|
|
Measurements not available |
|
Main Level |
Kitchen |
|
|
Measurements not available |
|
Main Level |
Primary Bedroom |
|
|
Measurements not available |
|
Main Level |
Bedroom 2 |
|
|
Measurements not available |
|
Main Level |
Second Kitchen |
|
|
Measurements not available |
|
Upper Level |
Bedroom 3 |
|
|
Measurements not available |
|
Upper Level |
Bedroom 4 |
|
|
Measurements not available |
|
Upper Level |
Second Kitchen |
|
|
Measurements not available |
