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3 Bedroom Property in Eastwood

8216-8222 120 AV NW, Edmonton

  • 3
  • 2
  • 6
  • 2 497.68 Sqft.
For saleBuilt 1976

$799,800

Overview & Property Details

  • Type: Fantastic investment opportunity in Eastwood! This well-maintained 4-plex offers four self-contained two-storey units each over 1100 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. $1450|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 $69600 per year with a 5.5%-6% cap rate. All leases in place till end of 2026. (id-43741)

  • Sq.ft. area: 2 497.68 Sqft.
  • Built: 1976
  • Bedrooms: 3
  • Bathrooms: 2
  • Parking places: 6
  • Basement: --

Amenities

  • Playground
  • Public Transit
  • Schools
  • Shopping



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