8216-8222 120 Av Nw Edmonton, Alberta T5B 0X9

3 Bedroom 2 Bathroom 4,506 ft2
Forced Air

$799,800

Fantastic investment opportunity in Eastwood! This well-maintained 4-plex offers four self-contained two-storey units, each over 1,100 sqft. (4500 total building) plus a full undeveloped basement. Registered as a condominium (Units 1–4). Each unit features 3 bedrooms, a spacious living room, dining area with patio access, kitchen with ample cabinetry, a 2-piece main bath, and a 4-piece bath. Total of 12 bedrooms, 4 full baths, and 4 half baths. Fully landscaped with 6 parking stalls and conveniently located near public transit and downtown Edmonton. Current rental income is approx. $1,450/month per unit, excluding utilities. Excellent revenue potential—must see! Majority of the units have been renovated. Large plot of land at 7000 sqft making this a potential hold and develop property. Gross income is $69,600 per year with a 5.5%-6% cap rate. All leases in place till end of 2026. (id:63013)

Property Details

MLS® Number E4474660
Property Type Single Family
Neigbourhood Eastwood
Amenities Near By Playground, Public Transit, Schools, Shopping
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Total 3
Appliances Dryer, Refrigerator, Stove, Washer
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1976
Construction Style Attachment Attached
Half Bath Total 1
Heating Type Forced Air
Stories Total 2
Size Interior 4,506 Ft2
Type Fourplex

Parking

Stall

Land

Acreage No
Land Amenities Playground, Public Transit, Schools, Shopping
Size Irregular 232.04
Size Total 232.04 M2
Size Total Text 232.04 M2

Rooms

Level Type Dimensions
Main Level Living Room 3.77 m x 5.56 m
Main Level Dining Room 2.54 m x 2.28 m
Main Level Kitchen 2.54 m x 3.27 m
Upper Level Primary Bedroom 3.85 m x 3.49 m
Upper Level Bedroom 2 2.53 m x 4.25 m
Upper Level Bedroom 3 3.83 m x 2.68 m

https://www.realtor.ca/real-estate/29392854/8216-8222-120-av-nw-edmonton-eastwood

Rimrock Real Estate
130-14101 West Block
Edmonton, Alberta T5N 1L5

(780) 705-8785
www.rimrockrealestate.ca/

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