10831 80 AV NW

Edmonton, AB T6E1V9

RARE UNIVERSITY AREA LEGAL 4PLEX with current rents totaling $4699 (net $3417 which includes utilities except power) and a CAP of 4.5% with ability to easily exceed 6% as they are below market rents (ready for lease renewals and increases!). There are one 2 bedroom unit, and three 1 bedroom units. The main floor is a 2 bedroom unit, the 2nd story above it and the basement underneath are 1 bedroom units with the utility room, and then the back has a 2-story 1 bedroom unit. All units have their own laundry and separate entry. Located a few houses off of 109 Street, transit could not be any easier and the tenants are a 5-10 minute walk from the U of A, groceries, and of course all of the restaurants and shops of Whyte Avenue. Don't miss out on this prime investment opportunity! (id:31684)

Listing courtesy of: Jeneen L. Marchant of RE/MAX Real Estate

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