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Courtesy of Jeffrey Scott of RE/MAX River City.
Data was last updated 2018-05-20 at 09:40:52 MDT
$1,445,000

12221 117 AV NE   Edmonton, AB

MLS®: E4098806
URL:    
Fantastic Investment Opportunity in the Heart of Inglewood. Less than 1 Year Old 4-plex multi-family build fully tenanted with good Leases in place but with future opportunities to increase returns. 4 separated utilities and meters, each unit features 4 bedrooms, 3.5 bathrooms total including each fully finished basement. Excellent level of upgrade & spec, each unit also has one enclosed parking ( garage ) stall with parking behind each stall as well. Nice floor plans, full stainless steel appliance packages for each, granite countertops & good backsplash in every chef's kitchen, this is an excellent investment opportunity when comparing to other available multi-family choices. Proximity to future Blatchford lands, 124 Street, Westmount, Downtown, Parks, Community Leagues, good Public Transport & more yields excellent present & future cash flow opportunities. Increasing rents to market rent this summer only increases ones Cap Rate. Currently one Title therefore future owner has chance to condominiumize.
Fantastic Investment Opportunity in the Heart of Inglewood. Less than 1 Year Old 4-plex multi-family build fully tenanted with good Leases in place but with future opportunities to increase returns. 4 separated utilities and meters, each unit features 4 bedrooms, 3.5 bathrooms total including each fully finished basement. Excellent level of upgrade & spec, each unit also has one enclosed parking ( garage ) stall with parking behind each stall as well. Nice floor plans, full stainless steel appliance packages for each, granite countertops & good backsplash in every chef's kitchen, this is an excellent investment opportunity when comparing to other available multi-family choices. Proximity to future Blatchford lands, 124 Street, Westmount, Downtown, Parks, Community Leagues, good Public Transport & more yields excellent present & future cash flow opportunities. Increasing rents to market rent this summer only increases ones Cap Rate. Currently one Title therefore future owner has chance to condominiumize.

Listing Information

Prop. Type:
Multi-Family (Commercial)
Status:
Active
City:
Edmonton
MLS® Number:
E4098806
Neighbourhood:
Inglewood_EDMO
Area:
Edmonton
Province:
AB
Listing Price:
$1,445,000

General Information

Year Built:
2017
Zoning/Land Use Code:
For Sale
Region:
Edmonton

Additional Information

Plan:
RN46
Legal Block:
35
Legal Lot/Unit:
11

Other Information

Land Size Hectares:
0
Zoning/Land Use:
RF3
Building Type:
Four-Plex

VIP-Only Information

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This property is listed by Jeffrey Scott of RE/MAX River City and provided here courtesy of John Carter. For more information or to schedule a viewing please contact John Carter.
John Carter
RE/MAX River City (Commercial Division)
Phone: 1-877-417-2626
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.