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11938 80 St Nw

80 St NW118 AvenueEdmontonAB, T5B 2N7

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Beds
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Baths
4,284
Sq. Ft.
$599,900
List Price
11938 80 St Nw, Edmonton, AB - 1 of 3
11938 80 St Nw, Edmonton, AB - 2 of 3
11938 80 St Nw, Edmonton, AB - 3 of 3
198 days on market

Quick Summary

  • Unique investment opportunity with 5 suites
  • Renovated house with finished basement
  • 4 unit building added in 1991
  • Recent renovations to 4/5 units
  • Replaced cast iron sewage pipes in 2024
  • Roof, boiler and windows replaced in 2014
  • All units have 3 bedrooms and laundry
  • Long term 3+ year tenants

LIVE IN ONE UNIT AND RENT THE OTHER 4 TO LIVE FOR FREE, OR BUY AS A TURN KEY INVESTMENT! What a unique opportunity with a current CAP rate of 4.85% with a rental increase starting January 2025, and and a future stabilizd CAP rate of 6.58%+! This property has 5 suites, one of which is a full renovated house with a finished basement that... Show More

LIVE IN ONE UNIT AND RENT THE OTHER 4 TO LIVE FOR FREE, OR BUY AS A TURN KEY INVESTMENT! What a unique opportunity with a current CAP rate of 4.85% with a rental increase starting January 2025, and and a future stabilizd CAP rate of 6.58%+! This property has 5 suites, one of which is a full renovated house with a finished basement that was originally built in the 1920s, and then in 1991 a 4 unit building was added onto it! The current owners have done major renovations including: flooring, bathrooms & kitchen upgrades in 4/5 units, replacing all cast iron sewage pipes in 2024, and the roof, boiler and windows were replaced in 2014. All long term 3+ year tenants that would like to stay. All units have 3 bedrooms, a full bathroom, and their own laundry. (id:54626)

Property Details

Size

4,284 sq. ft.
0 Beds
0 Baths

Parking

5 Parking Spaces
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Build

Year Built
1991
Model Name
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Basement
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Exterior
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Foundation
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Builder Name
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Stories
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Flooring
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Roof
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Source

Listing Brokerage

MLS® Listing
E4384668
Last Updated
October 7, 2024
Brokerage
RE/MAX Real Estate
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