8216-8222 120 Avenue, Edmonton

Courtesy of Adam Dirksen of Rimrock Real Estate

2 Storey 4PLEX for Sale

8216-8222 120 Avenue, Edmonton, MLS® # E4474660
  • MLS®#: E4474660
  • Price: $799,800
  • Bedrooms: 3
  • Bathrooms: 1(full) 1(half)
  • Year Built: 1976
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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

Required Field

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
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Community Information

  • Address: 8216-8222 120 Avenue
  • Neighbourhood: Eastwood
  • City: Edmonton
  • Postal Code: T5B 0X9
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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
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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
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services & amenities

  • Parking: Stall
  • Heating: Y
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$799,800

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