Description
Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property! (id:13843)
Details
| MLS # | E4506845 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Status | Active |
| Year | 2019 |
| Days On Site | 55 |
| Listing Provided By | RE/MAX Real Estate | Jeneen L. Marchant |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 12 Total |
| SQ Feet | 4,465 |
| Garage | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.04 |
| Property View | Ravine view |
Interior
| Heating | Forced air |
|---|---|
| Appliances | See remarks |
| Fireplace Yes / No | Yes |
| Fireplace Features | Insert, Electric |
| Fireplaces Total | 1 |
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Ravine, Flat site, Park/reserve, Lane, No Smoking Home |
| Fencing | Not fenced |
Parking
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 6 |
Area Information
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T6C0J4 |
| Listing VS Median (in T6C0J4) | |
Price: $1,850,000 low | high Med: $1,850,000 sqft: 4,465 low | high Med: 4,465 $ / sqft: $414 low | high Med: $414 On site: 55 low | high Med: 55 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T6C0J4 |
| Listing VS Median (in T6C0J4) | |
Price: $1,850,000 low | high Med: $1,850,000 sqft: 4,465 low | high Med: 4,465 $ / sqft: $414 low | high Med: $414 On site: 55 low | high Med: 55 | |