Kerri-lyn Holland
RE/MAX RIVER CITY
#100, 10328 81st Ave, Edmonton, Alberta
P: 780-439-7000
F: 780-439-7248
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RE/MAX RIVER CITY
#100, 10328 81st Ave, Edmonton, Alberta
P: 780-439-7000
F: 780-439-7248
Listing Details
For more information on this listing or other please contact me.
Courtesy of Harmehak Dhawan of Sterling Real Estate.
Data was last updated 2024-05-19 at 02:58:49 GMT
Tremendous investment opportunity for investors in community of Elmwood park with lot of new infills and family friendly neighbourhood. This lot is 33ft x 150ft lot and you can build a front and back duplex with a legal basement suite + garden suite and take advantage of CMHC MLI program 5% down payment on a 5-unit building. Duplexes floor plans are already in place . These properties can create great cash flow if you rent a garden suite ? $2500/month, duplex 3 beds -$2450/month X2 and basement suite - $1300/month with income of 120K yearly. New units will have low maintenance cost. Buyer avoids demo, disposal, and potential asbestos costs.
Listing Information
- Prop. Type:
- Vacant Lot
- Property Style:
- 2 Storey
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4384168
- Neighbourhood:
- Elmwood Park
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $219,000
General Information
- Lot Size:
- 4951 ft2
- Lot Shape:
- Rectangular
Other Information
- Site Influences:
- See Remarks
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This property is listed by Harmehak Dhawan of Sterling Real Estate and provided here courtesy of
Kerri-lyn Holland.
For more information or to schedule a viewing please contact Kerri-lyn Holland.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
