8216-8222 120 Avenue, Edmonton
2 Storey 4PLEX for Sale
- MLS®#: E4474660
- Price: $799,800
- Bedrooms: 3
- Bathrooms: 1(full) 1(half)
- Year Built: 1976
Fantastic investment opportunity in Eastwood! This well-maintained 4-plex offers four self-contained two-storey units, each over 1,100 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. $1,450/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 $69,600 per year with a 5.5%-6% cap rate. All leases in place till end of 2026.
Contact Elisse Moreno About MLS® E4474660
Elisse Moreno, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- Property Type: 4PLEX
- MLS®#: E4474660
- Style: 2 Storey
- Year Built: 1976
- Total Floor Area: 4,506 sq.ft
Community Information
- Address: 8216-8222 120 Avenue
- Neighbourhood: Eastwood
- City: Edmonton
- Postal Code: T5B 0X9
interior
- Included: Dryer, Refrigerator, Stove-Electric, Washer
- Bedrooms: 3 (Bedrooms Above: 3)
- Bathrooms: Full: 1 / Half: 1
- Rooms Above Grade: 6
- Basement: Full, Unfinished, Full, Unfinished
- Floor Finish: Carpet, Vinyl Plank
exterior
- Exterior Features: Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby
- Exterior Finish: Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby
- Roof: Asphalt Shingles
- Front Exposure: South
services & amenities
- Parking: Stall
- Heating: Y
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