6706 19 AV NW Active Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T6K2G8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,360 sqft
Price per Sqft $313
Subdivision Ekota
MLS Listing ID E4449931
Style Bi-level
Bedrooms 8
Half Baths 2
Year Built 1975
Lot Size 4,182 Sqft
Property Sub-Type Freehold
Property Description
PRIME INVESTMENT with 4 units in this legally 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. (id:24570)
Location
Province AB
Rooms
Kitchen 1.0
Interior
Heating Forced air
Exterior
Parking Features No
Fence Fence
Community Features Public Swimming Pool
View Y/N No