Exceptional investment opportunity! This upgraded 4-plex features a strong unit mix with ONE 3-bedroom unit, ONE 2-bedroom unit, and TWO 1-bedroom units—each with its own separate private entrance for added tenant convenience and privacy. All four units are fully rented, generating approximately $5,800/month in rental income. Extensively renovated over the past 5 years, this property offers peace of mind with a newer roof, newer windows, updated flooring with new carpet, and a beautifully renovated kitchen. There are also TWO shared laundry rooms conveniently accessible to all units. Ideally located just 2 minutes from the downtown arena and right next to the Royal Alexandra Hospital, this property offers unbeatable accessibility and is close to shopping, transit, schools, and all major amenities. With strong positive cash flow and excellent rental demand, this is a fantastic opportunity for investors looking to expand their portfolio. Priced for a quick sale!
Address
11227 103 ST NW
List Price
$689,000
Property Type
Residential
Type of Dwelling
Detached Single Family
Style of Home
1 and Half Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
Spruce Avenue
Bedrooms
7
Bathrooms
4
Floor Area
2,357 Sq. Ft.
Lot Size
7508.47 Sq. Ft.
Lot Shape
Rectangular
Year Built
1950
MLS® Number
E4484469
Listing Brokerage
Century 21 All Stars Realty Ltd
Postal Code
T5G 2H6
Zoning
Zone 08
Parking
Double Garage Attached
Community Features
On Street Parking, Deck, Front Porch, Parking-Extra, See Remarks
Exterior Features
Back Lane, Flat Site, Public Transportation, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Forced Air-1, Natural Gas
Construction Materials
Wood, Stone, Vinyl
Direction Faces
West
Foundation Details
Concrete Perimeter
Garage Type
Yes
Roof
See Remarks
Access To Property
Paved