8504 121 Av Nw Edmonton, Alberta T5B 0Z2
$769,000
4 LEGAL SUITES! 10 Bedrooms side by side DUPLEX and a DOUBLE GARAGE! Located on a 50x148 Sq ft CORNER Unit! COMPLETELY RENOVATED with 4 redone kitchens, S/S appliances, redone bathrooms, new flooring, paint and baseboards. Other improvements include a 2011 roof, Vinyl Windows, high efficiency furnaces, 100 AMP electrical panels for each side, plus 2 fenced yards. This is the perfect, turnkey, buy and hold, w/ a long term land play! Located on a 90 degree corner lot with a boulevard and city sidewalks, back alley access from the side of the property, a nearby fire hydrant, and electrical lines on your side of the alleyway. This Property is also great for cash flow with a gross total Monthly rental income is $7200+ and total monthly costs traditionally floating around 2200-2600 / month, taking into consideration a vacancy rate of 5%, this property has an NOI of approximately 54-55k / year. This property has a Cap rate of OVER 7% at the current list price. A MUST SEE! (id:62055)
Property Details
| MLS® Number | E4459404 |
| Property Type | Single Family |
| Neigbourhood | Eastwood |
| Amenities Near By | Public Transit, Schools, Shopping |
| Features | Private Setting, Treed, Corner Site, Lane, No Smoking Home |
| Parking Space Total | 4 |
| Structure | Dog Run - Fenced In |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 10 |
| Amenities | Vinyl Windows |
| Appliances | Window Coverings, See Remarks, Dryer, Refrigerator, Two Stoves, Two Washers, Dishwasher |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1970 |
| Construction Style Attachment | Side By Side |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 2,551 Ft2 |
| Type | Duplex |
Parking
| Detached Garage |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Public Transit, Schools, Shopping |
| Size Irregular | 692 |
| Size Total | 692 M2 |
| Size Total Text | 692 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Additional Bedroom | Measurements not available | ||
| Basement | Bedroom | Measurements not available | ||
| Main Level | Primary Bedroom | Measurements not available | ||
| Main Level | Bedroom 2 | Measurements not available | ||
| Main Level | Bedroom 3 | Measurements not available | ||
| Main Level | Bedroom 4 | Measurements not available | ||
| Main Level | Bedroom 5 | Measurements not available | ||
| Main Level | Bedroom 6 | Measurements not available |
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October 21 2025 08:32:51
REALTORS® Association of Edmonton
Logic Realty