$898,800

House For Sale In Lymburn, Edmonton, Alberta

$898,800
  • 10

    Bedrooms

  • 8

    Baths

  • 797.36 Square Metres

    Lot Size

Property Information:

TURNKEY INVESTMENT with a 5.35% CAP rate! There is so much upside to purchasing this two story 4-plex with 12 total bedrooms and 8 bathrooms (3 bedrooms and 1.5 bathrooms per unit). You can buy one to live in, or keep it purely as an investment property. Each unit also has a full, partially finished basement with it's own laundry, and a balcony to all enjoy some outdoor space. The shingles were replaced in 2019. Located in desirable King Edward Park with easy access to Sherwood Park Fwy/ Whyte Ave & Argyll Rd, this property is easy to rent and TENANTS PAY THEIR OWN UTILITES! It also has the ability to increase rents and is located on a 66X130ft lot. No VTBs please.

Building Features:

  • Floor Space: 442.48

Property Features:

  • Bedrooms: 10
  • Bathrooms: 4+4
  • Amenities/Features: Detectors Smoke
  • Basement: Full
  • Basement Development: Partly Finished
  • Building Type: 4plex
  • Built in: 1979
  • Exterior: Stucco, Wood
  • Floor Space (approx): 442.48 Square Metres
  • Flooring: Laminate Flooring, Linoleum
  • Goods Included: See Remarks
  • Lot Shape: Rectangular
  • Lot Size: 797.36 Square Metres
  • Parking: 2 Outdoor Stalls, Stall
  • Road Access: Paved
  • Site Influences: Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
  • Style: 2 Storey
  • Title to Land: Fee Simple
  • Heating Type: Forced Air-1
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Real Estate

Data was last updated 2024-06-21 at 21:15

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.