CAD$697,500 Sale

7304 78 Ave NW

Edmonton, Alberta, T6B0C1

104| 2430.7 sqft

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Summary

IDE4385756
StatusCurrent Listing
Ownership TypeFreehold
TypeResidential House,Fourplex
RoomsBed:10,Bath:4
Square Footage2430.7 sqft
Land Size798.8 m2
AgeConstructed Date: 1969
Listing Courtesy ofRE/MAX Real Estate

Detail

Building
Bathroom Total4
Bedrooms Total10
AppliancesDishwasher,Garage door opener,Dryer,Refrigerator,Two stoves,Two Washers
Basement DevelopmentFinished
Construction Style AttachmentAttached
Fireplace PresentFalse
Fire ProtectionSmoke Detectors
Heating TypeForced air
Size Interior225.82 m2
Basement
Basement FeaturesSuite
Basement TypeFull (Finished)
Land
Size Total798.8 m2
Size Total Text798.8 m2
Acreagefalse
AmenitiesPlayground,Public Transit,Schools,Shopping
Size Irregular798.8
Surrounding
Community FeaturesPublic Swimming Pool
Ammenities Near ByPlayground,Public Transit,Schools,Shopping
Other
FeaturesCorner Site
BasementFinished,Suite,Full (Finished)
FireplaceFalse
HeatingForced air

Remarks

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%! (id:22211)

The listing data above is provided under copyright by the Canada Real Estate Association.

The listing data is deemed reliable but is not guaranteed accurate by Canada Real Estate Association nor RealMaster.

MLS®, REALTOR® & associated logos are trademarks of The Canadian Real Estate Association.

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Location

Province:
Alberta
City:
Edmonton
Community:
King Edward Park
Street View
Nearby Amenities
Community

Room

Room
Level
Length
Width
Area
Family
Lower
NaN
Measurements not available
Bedroom 4
Lower
3.40
3.89
13.23
3.4 m x 3.89 m
Bedroom
Lower
2.94
2.83
8.32
2.94 m x 2.83 m
Living
Main
NaN
Measurements not available
Dining
Main
NaN
Measurements not available
Kitchen
Main
NaN
Measurements not available
Primary Bedroom
Main
3.63
4.08
14.81
3.63 m x 4.08 m
Bedroom 2
Main
3.58
2.54
9.09
3.58 m x 2.54 m
Bedroom 3
Main
3.00
3.00
9.00
3 m x 3 m
Bedroom 5
Main
3.63
4.08
14.81
3.63 m x 4.08 m
Bedroom 6
Main
3.01
2.99
9.00
3.01 m x 2.99 m
Additional bedroom
Main
3.63
3.56
12.92
3.63 m x 3.56 m