For sale
$738,800
6706 19 AV NW,Edmonton,Alberta,T6K2G8
PRIME INVESTMENT with 4 units in this legally suited side-by-side duplex. One of the units is needing to be updated, but the rest have had a facelift previously. All units are occupied and have long term tenants. Some updates include the new roof 2018, furnaces and hot water tanks 2012. The upper units are both 3 bedrooms with 1.5 bathrooms, and the lower units have 2 bedrooms....for a total of 10 bedrooms and each unit has its own laundry. Outside the units have storage sheds and there's enough parking for 8 vehicles. Total gross rents are currently $4890 with a CAP rate of 4.5%, the net is $3711/month and can easily be over $4200+/month as all rents can be increased to reflect the market and bring you to a 6%+ CAP. This is an ideal rental as you are only a 1/2 block to 66 St for transit, and a few blocks from Millwoods Town Center for everything else. (id:63409)
PROPERTY SUMMARY
| MLS® # | : | E4449931 |
| Listing price | : | $738,800 |
| Listed on | : | 04-09-2025 |
| Property subtype | : | For sale |
| Square footage | : | 2360 sqft |
| Year built | : | 0000 |
| Listing office | : | RE/MAX Real Estate |
BEDROOM & BATHROOM
| Total bedrooms | : | 8 Bedrooms |
| Total bathrooms | : | 6 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : |
Community location
Neighbourhood Highlights
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Airport
Golf Course
Playground
Public Transit
Schools
Shopping