Exceptional investment opportunity! This upgraded 4-plex features a strong unit mix with ONE 3-bedroom unit, ONE 2-bedroom unit, and TWO 1-bedroom units—each with its own separate private entrance for added tenant convenience and privacy. All four units are fully rented, generating approximately $5,800/month in rental income. Extensively renovated over the past 5 years, this property offers peace of mind with a newer roof, newer windows, updated flooring with new carpet, and a beautifully renovated kitchen. There are also TWO shared laundry rooms conveniently accessible to all units. Ideally located just 2 minutes from the downtown arena and right next to the Royal Alexandra Hospital, this property offers unbeatable accessibility and is close to shopping, transit, schools, and all major amenities. With strong positive cash flow and excellent rental demand, this is a fantastic opportunity for investors looking to expand their portfolio. Priced for a quick sale! (id:60367)
| MLS® Number | E4484469 |
| Property Type | Single Family |
| Neigbourhood | Spruce Avenue |
| AmenitiesNearBy | Public Transit, Shopping |
| Features | See Remarks, Flat Site, Lane |
| Structure | Deck, Porch |
| BathroomTotal | 4 |
| BedroomsTotal | 7 |
| Appliances | Gas Stove(s), Window Coverings, See Remarks, Dryer, Two Refrigerators, Two Stoves, Two Washers |
| BasementDevelopment | Finished |
| BasementFeatures | Suite |
| BasementType | Full (finished) |
| ConstructedDate | 1950 |
| ConstructionStyleAttachment | Detached |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2357 Sqft |
| Type | House |
| Attached Garage |
| Acreage | No |
| LandAmenities | Public Transit, Shopping |
| SizeIrregular | 697.56 |
| SizeTotal | 697.56 M2 |
| SizeTotalText | 697.56 M2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 5.8 m | 4.9 m | 5.8 m x 4.9 m |
| Main Level | Dining Room | 2.95 m | 4 m | 2.95 m x 4 m |
| Main Level | Kitchen | 3 m | 3.65 m | 3 m x 3.65 m |
| Main Level | Primary Bedroom | 4.8 m | 3.4 m | 4.8 m x 3.4 m |
| Main Level | Bedroom 2 | 3.2 m | 4.1 m | 3.2 m x 4.1 m |
| Main Level | Bedroom 3 | 3.5 m | 2.5 m | 3.5 m x 2.5 m |
| Main Level | Bedroom 6 | Measurements not available | ||
| Upper Level | Bedroom 4 | 3.7 m | 3.4 m | 3.7 m x 3.4 m |
| Upper Level | Bedroom 5 | 3.6 m | 2.8 m | 3.6 m x 2.8 m |
| Upper Level | Additional Bedroom | Measurements not available |
https://www.realtor.ca/real-estate/29666814/11227-103-st-nw-edmonton-spruce-avenue
Contact us for more information
Gopal Minhas
Associate
Jim Sidhu
Associate