7513 89 Street, Edmonton, Alberta Y6C 0X5

Listed for:
$1,850,000
0 beds
0 baths
Listed 9 days ago
7513 89 Street, Edmonton, Alberta Y6C 0X5

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About

Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property! (id:27476)

Property Highlights

MLS® Number
45575750
Type
Multi-family
Land Size
5792.0861 sqft|under 1/2 acre
Parking Space Total
3

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX Real Estate
MLS® number:
45575750
Agent:
Jeneen L. Marchant
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