12220/22/24/26 112 Av Nw Edmonton, Alberta T5M 2S8

5,038 ft2

$2,399,000

Fantastic opportunity to add a TURNKEY 8-unit building FULLY RENTED & CASHFLOWING, to your portfolio! With an assumable CMHC MLI Select mortgage in place, skip the application process and the recent bump from 2.6% - 7% in premiums, translating up to $167,000+ in fees! Assumption is a much more straightforward path & less expensive to get into this great asset. Located just steps away from all the action of 124th Street with great proximity to downtown and the river valley. With 4 above ground 3 bed/2.5 baths, as well as 4 below grade that are each 1 bed 1 bath units All kitchens include quartz countertops with islands and LVP Flooring! This complex is built to last, as no shortcuts were made. There is also a detached 4 car garage with individual doors for 4 tenants. Tucked away on a dead end street with a great family friendly park at the end of the block... this investment has attracted high quality tenants. Each unit has its own high efficiency furnace, tankless hot water and Triple Pane Windows! (id:63502)

Property Details

MLS® Number E4457454
Property Type Multi-family
Neigbourhood Inglewood (Edmonton)
Parking Space Total 8

Building

Constructed Date 2021
Size Interior 5,038 Ft2

Land

Acreage No
Size Irregular 7042
Size Total 7042 Sqft
Size Total Text 7042 Sqft

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