7511 112 Av Nw
112 Ave NW, 118 Avenue, Edmonton, AB, T5B 0E4
Quick Summary
Quick Summary
- Desirable investment property in Virginia Park
- Established tenants with 75% occupancy
- Zoned RMh16 lot with redevelopment potential
- Upgraded fire alarms and new commercial furnace
- Rear alley access with tandem parking
- Situated near Borden Park and EXPO center
- Close proximity to River Valley and Concordia
- Convenient access to downtown and amenities
Investment property in the desirable community of Virginia Park! This 4-plex has 75% occupancy with established tenants and grosses $5,500 a month when fully rented. The 33 X 120 lot zoned RMh16 holds many re-development opportunities. The top floor is a large 3 bedroom suite, the main floor has a 1 bedroom suite and a 1 bedroom suite... Show More
Investment property in the desirable community of Virginia Park! This 4-plex has 75% occupancy with established tenants and grosses $5,500 a month when fully rented. The 33 X 120 lot zoned RMh16 holds many re-development opportunities. The top floor is a large 3 bedroom suite, the main floor has a 1 bedroom suite and a 1 bedroom suite with a den and there is a 2 bedroom suite in the basement. All units have their own separate entrances, shared laundry on site, the fire alarms have been upgraded in 2024 and a commercial grade Trane furnace was installed in 2021. Building has rear alley access with tandem parking and situated across from Borden park and the EXPO center. The River Valley is 4 blocks south, Concordia University is a 5 minute walk East, quick access to downtown and Wayne Gretzky Drive. Many amenities in the area including restaurants, parks, schools and public transit. Dont miss this one. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Bedroom 6
Other
Additional bedroom
Bedroom
Bedroom 4
Bedroom
Bedroom 5
Bedroom
Primary Bedroom
Bedroom
Bedroom 2
Bedroom
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.