This older character home with a large front balcony has 4 separate legal apartment suites. Each suite has its own furnace, HWT and power source. Each suite also has its own exterior entrance with no interior common areas. When rented the one bedroom basement suite was rented for $800/month, the main floor has 3 bedrooms and a den plus 1.5 bathrooms for $1350/month. The second floor has 2 large bedrooms and a den rented for $1100/month abd the third floor has a bachelor suit rented for $700/month. Gross monthly income was $3950.00. The laundry room is in the basement. The property does need TLC.More details
Well kept 4 plex located at central with close proximity to bus, shops , schools and Chinatown. Each unit has its own address, 2 separate entrances and power meter. 2 units with 1 bedroom (11015 & 11017) and 2 units with 2 bedrooms (11019 & 11021). Recently renovated. Newer shingles, windows, 2 newer hi-efficiency furnaces and hot water tank. All units come with laminated flooring. The storage room has rough in plumbing potential for insuite laundry. There are 6 parking stalls at rear plus ample parking at front. Full basement with coin operated laundry room and lots of storage spaces. DC1 zoning. Easy to operate with room to increase rent. Ideal investment property. Seller to provide title insurance in lieu of real property report on closing.More details
Courtesy of Jeneen L Marchant of RE/MAX Real Estate
Status:
Active
MLS® Num:
E4385756
Bedrooms:
10
Bathrooms:
4
Floor Area:
2,431 sq. ft.226 m2
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%!More details
Bright 4 plex at 11716 124 St, Edmonton, AB. Property has newer large windows. The 2 units on the main floor are unit #1 (2 bedrooms $1,100.00/m) & unit #2 (1 bedroom $850.00/m). The 2 units in the basement are unit #3 (1 bedroom $950.00/m) & unit #4 (1 bedroom $950.00/m). Each unit has its own power meter. 1 meter for water & 1 meter for gas. Property has an outside front upstairs access directly to unit #1's front door. Property has an outside upstairs access at the back to unit #2's front door. Property has a door at the front going inside downstairs to Unit #3 & unit 4's front door. Property's side door goes through the inside upstairs to unit #1 and unit #2 and the inside downstairs to laundry room with furnace & hwt & to unit #3 & 4's back door. Double detached garage at the back with back lane access renting @ $200.00/m. PROPERTY TAX FOR 2023 IS $5,349.28. UTILITIES 2023 ABOUT $6,272.90. BUILDING INSURANCE 2023 ABOUT $2,178.00. LANDSCAPING & SNOW REMOVAL 2023 ABOUT $1,200.00.More details
Courtesy of Gerry R Wilson of Homelife Guaranteed Realty
Status:
Active
MLS® Num:
E4386049
Bedrooms:
3
Bathrooms:
2
Floor Area:
1,149 sq. ft.107 m2
Looking for a great investment take a look at this Four Unit townhouse complex featuring 1149 sq ft 3 bedrooms 2 bathrooms 5 appliances. Main floor features an Entertaining size living room with patio doors onto a deck area. Galley Kitchen with 3 appliances and an adjoining family dining area and a half bathroom. Three generous size bedrooms upstairs with a full bathroom. Basement is full and open with a Washer & Dryer this area is ready for future development. Lots of parking and a double garage. Close to Shopping, Restaurants, Schools and Public Transportation which makes this investment easy to find good tenants. No vacancies in the past 3 years. Tenants pay for all utilities. Rents starting June1/24 are between $1,250 or $1,495 or $5,535. monthly and on Oct1/24 rents will range from $1,395 up to $1,495 or $5,780 or $69,360 yearly Total expenses $17,786. Net operating income $51,574. Cap Rate of 6.44%More details
Here is a GREAT OPPORTUNITY for YOU to LIVE IN YOUR PROPERTY & BE YOUR OWN LANDLORD!...Welcome to this 2300Sq.Ft. 4PLEX BI-LEVEL on a 9287Sq.Ft CORNER LOT with 4 Separate Entrances, 4 Door Bells, 4 Mailboxes & YOUR OWN INSUITE LAUNDRY in the community of Beacon Heights. You have 3 units with 2 Bedrooms & 1 unit with 1 bedroom and the basement units have "EPOXY FLOORING" along with VINYL PLANK which makes it INDESTRUCTIBLE for your tenants. You have both a front & backdoor entrance to the building and parking for 6+Vehicles in the backyard with front & side parking for another 6+Vehicles. The exterior of the building has been painted GREY along with some upgrades to the units with all new WINDOWS on the main floor units with upgraded bathrooms in 2 of the units. There is 2 newer HWT Tanks & upgraded insulation to keep you all warm. There are just a few finishing touches that you need to do to make this 4PLEX your home. Close to K-9 Schools, Shopping & Yellowhead Drive.More details
Courtesy of Selena Cheung of Coldwell Banker Mountain Central
Status:
Active
MLS® Num:
E4381667
Bedrooms:
5
Bathrooms:
6
Floor Area:
1,971 sq. ft.183 m2
Side by side duplex with 2 legal suites so is equivalent to a fourplex generating 4 income streams. Newer building so maintenance costs are low plus 4 furnaces and 2 hot water tanks. Upper suites offer you three bedrooms plus a full bath and 2 piece en-suite on each side. Spacious living room is nice and open with kitchen and dining areas plus large windows to let in plenty of light. The lower level suites each offer you two bedrooms and a full bathroom with a similar layout to above having the large open living, kitchen and dining area. Each suite has its own laundry making a total of 4 washers and dryers. Each side is fully fenced and the back yard is nicely divided giving each side their own space. At the rear you have an oversized double garage with two single doors and enough room to park an extra vehicle on the concrete driveway plus there are two more parking spots each side on gravel making a total of 8 parking spots when needed.More details
INVESTOR ALERT! TURN KEY FULLY RENTED LEGAL 4PLEX SALE. The upper levels are 2-storey 3 bedroom 2.5 bath units with modern finishes including quartz countertops, acrylic cabinetry, stainless steel appliances and oversized breakfast bar. The lower levels are legal 1 bedroom basement suites with 1 bath and similar finishes to the upper levels. Each unit has in suite laundry and its own furnace. In the back you will find two double oversized garages. This 4plex is close to schools, shopping, public transportation and more !More details
Courtesy of David G Parker of Northfield Commercial
Status:
Active
MLS® Num:
E4382062
Bedrooms:
3
Bathrooms:
7
Floor Area:
2,156 sq. ft.200 m2
This four-plex is located at 7120 - 77 Avenue in Edmonton, Alberta, in the neighborhood of King Edward Park. It is a one and a half story, wood-frame construction building that was built in 1970. There is a three-car garage located at the rear of the building, as well as surface stalls that provide additional parking. The suite mix is 1 two-bedroom suite and 3 three-bedroom suites. One of the three-bedroom suites has recently been renovated.More details
Courtesy of Matthew J Labas of RE/MAX Professionals
Status:
Active
MLS® Num:
E4365960
Bedrooms:
10
Bathrooms:
4
Floor Area:
2,174 sq. ft.202 m2
Investor alert! Desirable FOREST HEIGHTS location! A total of 10 bedrooms, 4 kitchens, 4 bathrooms, 4 living rooms, 2 shared laundry suites and a 4 CAR DETACHED GARAGE. Notoriously low vacancy rates in Forest Heights. 4 well laid out renovated units including all appliances. Heating system has efficient newer COMMERCIAL BOILER (2014), roof (2016) and garage door (2016). An oversized lot backing the Capilano Ravine, and a short walk to Edmonton's River Valley Trails, on a major bus route to Downtown, U of A, close to many schools, local shopping (Capilano and Bonnie Doon Malls) and many more amenities. Long term renters which brings in $5,640.00 monthly. A turn key investment in a prime FOREST HEIGHTS location!More details
Prime Investment Opportunity! Mint 4 plex nestled on a tree-lined Street, moments from Downtown. This 5124 s.f.of total finished space-2562 s.f.-above grade-boasts 3 expansive 3-bedroom suites & 1 large 2-bedroom, each equipped with in-suite laundry. Recent renovations include, Windows, Roof, Facia , Soffits on building/garage & fully renovated lower unit with modern finishes, including new electrical upgrades. Upper units offer scenic balconies & Electric A/C units, while outside features an oversized double garage, large fenced yard space & ample street & onsite parking. Enjoy peace of mind with smoke & pet-free premises, secured entrances & a recent Boiler Upgrade. Each unit has its own HWT & its own metered water supply to each unit for better cashflow for owner. Strategically situated just an 8 min walk to Valley Line LRT, this property promises exceptional returns. Plus, seize the available, adjacent vacant lot & single-family home for a lucrative trio of development opportunities! Now is the time!More details
Courtesy of David G Parker of Northfield Commercial
Status:
Active
MLS® Num:
E4384023
Bedrooms:
2
Bathrooms:
2
Floor Area:
1,346 sq. ft.125 m2
This immaculate fourplex is located at 9921 - 85 Avenue in Edmonton, Alberta in the Strathcona neighborhood. It is a two-story low-rise, wood-frame construction building with surface parking. The suite mix is 1 one bedroom (950), 1 - two bedroom + large storage (1695), 1 - three bedroom (1720) and 1- 4 bedroom (1900). The suites are spectacular: Newer doors, flooring, windows and blinds, lighting, cabinets and countertops, stainless steel appliances, toilets, and tubs. Convenient deck in the rear of the building. Larger suites with a fully finished lower level which adds almost twice the living space. Lower-level amenities include a washer and dryer, finished bathroom with newer tubs, backsplashes and toilets, own furnace and HWT. Total rent roll of $6,745 per month, Taxes $10,834.64, Utilities $4,100 per year, Insurance $4,850 per year. This one is a must see!More details
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